Wheaton Precious Metals (LON:WPM) Earns Buy Rating from Berenberg Bank

Berenberg Bank restated their buy rating on shares of Wheaton Precious Metals (LON:WPMFree Report) in a research report sent to investors on Monday morning, MarketBeat.com reports. Berenberg Bank currently has a GBX 5,200 ($68.05) price target on the stock.

Wheaton Precious Metals Stock Performance

The company has a 50-day moving average of GBX 4,618.78 and a 200-day moving average of GBX 4,388.55. The firm has a market capitalization of £21.32 billion, a price-to-earnings ratio of 5,000.00 and a beta of 0.70.

Wheaton Precious Metals Dividend Announcement

The firm also recently declared a dividend, which was paid on Wednesday, September 4th. Stockholders of record on Wednesday, August 21st were issued a $0.16 dividend. This represents a dividend yield of 0.27%. The ex-dividend date of this dividend was Wednesday, August 21st. Wheaton Precious Metals’s dividend payout ratio (DPR) is presently 4,895.83%.

Wheaton Precious Metals Company Profile

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Wheaton Precious Metals Corp. primarily sells precious metals in North America, Europe, and South America. It produces and sells gold, silver, palladium, and cobalt deposits. The company was formerly known as Silver Wheaton Corp. and changed its name to Wheaton Precious Metals Corp. in May 2017. Wheaton Precious Metals Corp.

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