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Wheaton Precious Metals (NYSE:WPM) Stock Price Expected to Rise, Royal Bank of Canada Analyst Says

Summary by marketbeat.com
Royal Bank of Canada raised their price objective on shares of Wheaton Precious Metals from $80.00 to $90.00 and gave the stock a "sector perform" rating in a research note on Wednesday.

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The Canadian financial institution RBC Global has raised its gold price forecast by 9% in 2025/26 and 18% in the long term, up to $2,600/on, boosting the estimates of the NAV (Neto Value of Assets) of gold by 17% and the estimates of the accompanying EBITDA for 2025 by 7%. “We maintain a positive opinion on the variable income of gold, supported by attractive valuations and an improvement in the profitability of capital. Our opinions on copper e…

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marketbeat.com broke the news in on Wednesday, June 4, 2025.
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