FIRST MAJESTIC SILVER CORP. (AG) RATING INCREASED TO BUY AT DESJARDINS
Saturday, December 3, 2016 at 11:17PM
Silver Prices

First Majestic Silver Corp. (NYSE:AG) was upgraded by stock analysts at Desjardins from a “hold” rating to a “buy” rating in a research report issued on Thursday, The Fly reports.

Several other equities research analysts have also weighed in on AG. TheStreet lowered First Majestic Silver Corp. from a “hold” rating to a “sell” rating in a research report on Tuesday, September 27th. Zacks Investment Research upgraded First Majestic Silver Corp. from a “hold” rating to a “buy” rating and set a $19.00 price target on the stock in a research report on Wednesday, July 13th. BMO Capital Markets restated a “sell” rating and set a $10.00 price target on shares of First Majestic Silver Corp. in a research report on Thursday, July 14th. Finally, TD Securities restated a “hold” rating and set a $23.00 price target (up from $18.00) on shares of First Majestic Silver Corp. in a research report on Saturday, August 13th. Three research analysts have rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $15.44.

Shares of First Majestic Silver Corp. (NYSE:AG) traded down 1.06% during midday trading on Thursday, hitting $8.42. The stock had a trading volume of 2,318,413 shares. The stock’s market cap is $1.38 billion. First Majestic Silver Corp. has a 12 month low of $2.40 and a 12 month high of $19.15. The stock’s 50-day moving average is $10.50 and its 200-day moving average is $12.19.

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