Analyst Activity – Scotiabank Reiterates Hold on First Majestic Silver Corp. (TSE:FR)

Analyst Ratings For First Majestic Silver Corp. (TSE:FR)

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Today, Scotiabank reiterated its Hold rating on First Majestic Silver Corp. (TSE:FR) with a price target of C$14.00.

There are 4 hold ratings, 1 buy rating on the stock.

The current consensus rating on First Majestic Silver Corp. (TSE:FR) is Hold (Score: 2.20) with a consensus target price of C$11.79 per share, a potential .

Some recent analyst ratings include

  • 2/23/2017-Scotiabank Reiterated Rating of Hold.
  • 2/23/2017-TD Securities Reiterated Rating of Sector Perform.
  • 11/9/2016-National Bank Financial Upgrade from a “Sector Perform Overweight ” rating to a ” Outperform Market Weight” rating.
  • 11/10/2016-BMO Capital Markets Reiterated Rating of Market Perform.
  • 7/18/2015-Dundee Securities was Downgraded by analysts at Dundee Securities from a “Buy ” rating to a ” Neutral” rating.

    About First Majestic Silver Corp. (TSE:FR)
    First Majestic Silver Corp. (First Majestic) is a mining company. The Company is engaged in the business of silver production, development, exploration, and acquisition of mineral properties with a focus on silver production in Mexico. The Company operates through eight segments: six segments located in Mexico, one retail market segment in Canada and one metal trading segment in Europe. Its segments in Mexico are Santa Elena, La Encantada, La Parrilla, Del Toro, San Martin and La Guitarra. Its segment in Canada is Coins and Bullion Sales, and Europe is Silver Sales. The Company owns and operates approximately six producing silver mines: the La Encantada Silver Mine, La Parrilla Silver Mine, Del Toro Silver Mine, San Martin Silver Mine, La Guitarra Silver Mine and Santa Elena Silver Mine. Its major products are precious and base metals concentrates, which are refined or smelted into pure silver, gold, lead and zinc and sold to global metal brokers.

    Recent Trading Activity for First Majestic Silver Corp. (TSE:FR)
    Shares of First Majestic Silver Corp. closed the previous trading session at 12.64 up +0.39 3.18% with 1,210,485 shares trading hands.

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