Sprott (TSE:SII – Get Free Report) had its price target hoisted by equities research analysts at Royal Bank of Canada from C$54.00 to C$59.00 in a research note issued to investors on Monday, BayStreet.CA reports. The firm presently has a “sector perform” rating on the stock. Royal Bank of Canada’s price objective would indicate a potential upside of 9.32% from the stock’s current price.
Separately, TD Securities raised their price target on shares of Sprott from C$55.00 to C$58.00 in a research report on Thursday, April 25th.
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Sprott Trading Down 2.4 %
Sprott (TSE:SII – Get Free Report) last released its earnings results on Wednesday, February 21st. The company reported C$0.52 earnings per share for the quarter. The business had revenue of C$49.93 million during the quarter. Sprott had a net margin of 24.73% and a return on equity of 13.72%. On average, analysts predict that Sprott will post 2.9233596 EPS for the current year.
About Sprott
Sprott Inc is a publicly owned asset management holding company. Through its subsidiaries, the firm provides asset management, portfolio management, wealth management, fund management, and administrative and consulting services to its clients. It offers mutual funds, hedge funds, and offshore funds, along with managed accounts.
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