Coeur Mining (NYSE:CDE) Has Just Had Its Price Objective Raised by Analysts at Raymond James to $12.50

September 17, 2017 - By Kurt Siggers

 Coeur Mining (NYSE:CDE) Has Just Had Its Price Objective Raised by Analysts at Raymond James to $12.50

Investors sentiment decreased to 0.86 in 2016 Q4. Its down 0.81, from 1.67 in 2016Q3. It dived, as 36 investors sold Coeur Mining Inc shares while 61 reduced holdings. 22 funds opened positions while 61 raised stakes. 119.74 million shares or 5.88% more from 113.09 million shares in 2016Q3 were reported.

California-based Schwab Charles Mngmt has invested 0.01% in Coeur Mining Inc (NYSE:CDE). Hbk Invs Limited Partnership holds 63,692 shares or 0.01% of its portfolio. Thompson Davis & Incorporated invested in 10 shares. Voya Inv Ltd reported 68,899 shares. Moreover, Renaissance Limited Liability Co has 0.09% invested in Coeur Mining Inc (NYSE:CDE). Manufacturers Life Insur The reported 79,639 shares or 0% of all its holdings. Wellington Ltd Liability Partnership has invested 0% of its portfolio in Coeur Mining Inc (NYSE:CDE). Jpmorgan Chase And Communications holds 0% of its portfolio in Coeur Mining Inc (NYSE:CDE) for 38,355 shares. Aqr Cap Mgmt Ltd Liability invested in 0.01% or 654,404 shares. Blackrock Fund Advsr invested 0.01% of its portfolio in Coeur Mining Inc (NYSE:CDE). 310,321 are owned by Financial Bank Of America De. Invesco Limited has 0% invested in Coeur Mining Inc (NYSE:CDE) for 244,657 shares. 29,080 were accumulated by Convergence Inv Ptnrs Llc. Globeflex Limited Partnership holds 0% of its portfolio in Coeur Mining Inc (NYSE:CDE) for 71 shares. Hussman Strategic Advsr reported 0.18% in Coeur Mining Inc (NYSE:CDE).

Since May 3, 2017, it had 2 insider buys, and 1 insider sale for $142,097 activity. Spurbeck Mark also sold $159,982 worth of Coeur Mining Inc (NYSE:CDE) on Thursday, June 8.

Stock Analysis:Coeur Mining (NYSE:CDE) Stock Target Upgraded

In an analyst note issued to investors and clients by Raymond James on 15 September, Coeur Mining (NYSE:CDE) had its TP increased to $12.50. The firm currently has a solid “Market Perform” rating on shares.

Investors sentiment decreased to 0.86 in 2016 Q4. Its down 0.81, from 1.67 in 2016Q3. It dived, as 36 investors sold Coeur Mining Inc shares while 61 reduced holdings. 22 funds opened positions while 61 raised stakes. 119.74 million shares or 5.88% more from 113.09 million shares in 2016Q3 were reported.

California-based Schwab Charles Mngmt has invested 0.01% in Coeur Mining Inc (NYSE:CDE). Hbk Invs Limited Partnership holds 63,692 shares or 0.01% of its portfolio. Thompson Davis & Incorporated invested in 10 shares. Voya Inv Ltd reported 68,899 shares. Moreover, Renaissance Limited Liability Co has 0.09% invested in Coeur Mining Inc (NYSE:CDE). Manufacturers Life Insur The reported 79,639 shares or 0% of all its holdings. Wellington Ltd Liability Partnership has invested 0% of its portfolio in Coeur Mining Inc (NYSE:CDE). Jpmorgan Chase And Communications holds 0% of its portfolio in Coeur Mining Inc (NYSE:CDE) for 38,355 shares. Aqr Cap Mgmt Ltd Liability invested in 0.01% or 654,404 shares. Blackrock Fund Advsr invested 0.01% of its portfolio in Coeur Mining Inc (NYSE:CDE). 310,321 are owned by Financial Bank Of America De. Invesco Limited has 0% invested in Coeur Mining Inc (NYSE:CDE) for 244,657 shares. 29,080 were accumulated by Convergence Inv Ptnrs Llc. Globeflex Limited Partnership holds 0% of its portfolio in Coeur Mining Inc (NYSE:CDE) for 71 shares. Hussman Strategic Advsr reported 0.18% in Coeur Mining Inc (NYSE:CDE).

Since May 3, 2017, it had 2 insider buys, and 1 insider sale for $142,097 activity. Spurbeck Mark also sold $159,982 worth of Coeur Mining Inc (NYSE:CDE) on Thursday, June 8.

Coeur Mining Inc (NYSE:CDE) Ratings Coverage

Among 8 analysts covering Coeur Mining (NYSE:CDE), 6 have Buy rating, 0 Sell and 2 Hold. Therefore 75% are positive. Coeur Mining has $18 highest and $3.40 lowest target. $8.89’s average target is -4.20% below currents $9.28 stock price. Coeur Mining had 32 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was upgraded by BMO Capital Markets on Thursday, May 12 to “Outperform”. The rating was downgraded by Deutsche Bank on Wednesday, March 23 to “Sell”. The company was maintained on Friday, July 14 by RBC Capital Markets. The firm earned “Sector Perform” rating on Tuesday, June 21 by RBC Capital Markets. The firm has “Hold” rating by Deutsche Bank given on Monday, October 3. The company was maintained on Friday, July 28 by Noble Financial. The stock of Coeur Mining Inc (NYSE:CDE) earned “Buy” rating by RBC Capital Markets on Thursday, May 25. The firm earned “Hold” rating on Monday, October 5 by Deutsche Bank. BMO Capital Markets maintained Coeur Mining Inc (NYSE:CDE) on Monday, September 11 with “Buy” rating. The stock of Coeur Mining Inc (NYSE:CDE) earned “Buy” rating by Roth Capital on Thursday, July 27.

The stock increased 0.98% or $0.09 on September 15, reaching $9.28. About 3.51M shares traded or 66.35% up from the average. Coeur Mining Inc (NYSE:CDE) has risen 21.49% since September 17, 2016 and is uptrending. It has outperformed by 4.79% the S&P500.

Wall Street await Coeur Mining Inc (NYSE:CDE) to release earnings on October, 25. Analysts forecast EPS of $0.06, down exactly $0.15 or 71.43 % from 2014’s $0.21 EPS. The expected CDE’s profit could reach $10.86M giving the stock 38.67 P/E in the case that $0.06 earnings per share is reported. After posting $-0.01 EPS for the previous quarter, Coeur Mining Inc’s analysts now forecast -700.00 % EPS growth.

Coeur Mining, Inc. is a gold and silver producer. The company has market cap of $1.68 billion. The Firm has its mines located in the United States, Mexico, and Bolivia and exploration projects in Mexico and Argentina. It has a 22.49 P/E ratio. The Company’s divisions include Palmarejo, Rochester, Kensington, Wharf, San Bartolome mines, Coeur Capital and Other.

More news for Coeur Mining Inc (NYSE:CDE) were recently published by: Fool.com, which released: “How Coeur Mining, Inc. Makes Most of Its Money” on September 12, 2017. Businesswire.com‘s article titled: “Coeur Announces Acquisition of the Silvertip Mine in British Columbia” and published on September 11, 2017 is yet another important article.

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