H.C. Wainwright analyst Heiko Ihle reiterated a Buy rating on First Majestic Silver (NYSE:AG) on Friday, setting a price target of $10.5, which is approximately 1.25% above the present share price of $10.37.
Ihle expects First Majestic Silver to post earnings per share (EPS) of $0.00 for the second quarter of 2020.
The current consensus among 8 TipRanks analysts is for a Moderate Buy rating of shares in First Majestic Silver, with an average price target of $9.93.
The analysts price targets range from a high of $16.5 to a low of $5.67.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $86.79 million and a net profit of $7.05 million. The company's market cap is $1.95 billion.
According to TipRanks.com, H.C. Wainwright analyst Heiko Ihle is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 2.7% and a 44.08% success rate.
First Majestic Silver Corp. engages in the production, development, exploration and acquisition of mineral properties. It owns and operates producing mines in México including La Encantada Silver Mine; La Parrilla Silver Mine; San Martin Silver Mine; Del Toro Silver Mine; Santa Elena Silver & Gold Mine; and San Dimas Silver & Gold Mine. The company was founded by Keith Neumeyer on September 26, 1979 and is headquartered in Vancouver, Canada.