Sprott (TSE:SII) Given a C$132.00 Price Target at Royal Bank Of Canada

Sprott (TSE:SII) has been assigned a C$132.00 price objective by equities research analysts at Royal Bank Of Canada in a report issued on Wednesday,BayStreet.CA reports. The brokerage presently has a “sector perform” rating on the stock. Royal Bank Of Canada’s price target would indicate a potential upside of 3.25% from the stock’s current price.

SII has been the topic of several other reports. TD Securities raised their price objective on Sprott from C$100.00 to C$125.00 and gave the company a “hold” rating in a research note on Tuesday, November 4th. BMO Capital Markets boosted their price target on shares of Sprott from C$109.00 to C$123.00 in a report on Thursday, November 6th. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, Sprott presently has an average rating of “Moderate Buy” and an average price target of C$112.75.

Sprott Stock Down 3.3%

Sprott stock traded down C$4.30 during mid-day trading on Wednesday, reaching C$127.85. The stock had a trading volume of 45,820 shares, compared to its average volume of 61,035. The firm has a market capitalization of C$3.30 billion, a PE ratio of 65.23, a price-to-earnings-growth ratio of -3.34 and a beta of 1.33. Sprott has a fifty-two week low of C$56.05 and a fifty-two week high of C$132.79. The stock’s 50-day simple moving average is C$120.94 and its 200-day simple moving average is C$102.95. The company has a debt-to-equity ratio of 5.65, a quick ratio of 2.89 and a current ratio of 3.30.

Sprott (TSE:SII) last posted its quarterly earnings results on Wednesday, November 5th. The company reported C$0.51 earnings per share (EPS) for the quarter. The business had revenue of C$90.66 million during the quarter. Sprott had a net margin of 28.20% and a return on equity of 15.02%. On average, sell-side analysts forecast that Sprott will post 3.2178828 EPS for the current fiscal year.

Sprott Company Profile

Sprott Inc is an alternative asset manager operating in Canada. The company has six reportable segments: Exchange Listed Products, which includes management services to the company’s closed-end physical trusts and exchange-traded funds, both of which are actively traded on public securities exchanges; Managed equities segment provides asset management and sub-advisory services to the Company’s branded funds, fixed-term LPs and managed accounts; Lending segment provides lending and streaming activities through limited partnership vehicles; Brokerage segment includes activities of Canadian and U.S.