TSE:FR - First Majestic Silver Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: C$19.54
  • Forecasted Upside: 26.57 %
  • Number of Analysts: 5
  • Breakdown:
  • 0 Sell Ratings
  • 3 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
C$15.44
▲ +0.42 (2.80%)

This chart shows the closing price for FR by one month, three months, or twelve months.

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Analyst Price Target for FR

Analyst Price Target is C$19.54
▲ +26.57% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for First Majestic Silver in the last 3 months. The average price target is C$19.54, with a high forecast of C$25.00 and a low forecast of C$13.25. The average price target represents a 26.57% upside from the last price of C$15.44.

This chart shows the closing price for FR for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 5 investment analysts is to hold stock in First Majestic Silver. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
4/27/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
7/26/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
10/24/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
1/22/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
4/22/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 0 sell ratings
7/21/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 0 sell ratings
9/19/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 0 sell ratings
10/19/2021

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
10/13/2021BMO Capital MarketsBoost Price TargetNAC$13.00 ➝ C$13.25
10/13/2021HC WainwrightReiterated RatingBuyC$25.00
9/10/2021National Bank FinancialLower Price TargetSector PerformC$18.00
9/10/2021National BanksharesLower Price TargetSector PerformC$21.00 ➝ C$18.00
8/19/2021CormarkLower Price TargetBuyC$26.00 ➝ C$23.00
8/17/2021TD SecuritiesLower Price TargetHoldC$21.00 ➝ C$20.00
7/17/2021TD SecuritiesLower Price TargetC$23.00 ➝ C$21.00
7/16/2021TD SecuritiesBoost Price TargetNAC$21.00 ➝ C$23.00
7/15/2021CormarkLower Price TargetNAC$26.25 ➝ C$25.00
5/20/2021National Bank FinancialBoost Price TargetSector PerformC$21.00
5/20/2021National BanksharesBoost Price TargetSector PerformC$20.00 ➝ C$21.00
5/7/2021BMO Capital MarketsBoost Price TargetNAC$14.50 ➝ C$15.00
2/25/2021TD SecuritiesDowngradeHoldC$23.00
2/19/2021TD SecuritiesDowngradeBuy ➝ HoldC$21.00 ➝ C$23.00
1/17/2021National Bank FinancialBoost Price TargetSector PerformC$18.00 ➝ C$20.00
1/11/2021National Bank FinancialBoost Price TargetSector PerformC$18.00 ➝ C$20.00
10/22/2020National Bank FinancialLower Price TargetC$20.00 ➝ C$18.00
10/20/2020TD SecuritiesUpgradeHold ➝ BuyC$19.50
9/11/2020National Bank FinancialBoost Price TargetC$19.00 ➝ C$20.00
8/10/2020BMO Capital MarketsBoost Price TargetC$12.50 ➝ C$15.00
8/10/2020CormarkBoost Price TargetC$19.00 ➝ C$20.00
7/24/2020TD SecuritiesDowngradeBuy ➝ HoldC$16.50 ➝ C$19.50
7/22/2020National Bank FinancialBoost Price TargetSector PerformC$16.00 ➝ C$19.00
7/16/2020CormarkBoost Price TargetC$16.00 ➝ C$17.00
5/21/2020National Bank FinancialBoost Price TargetSector PerformC$12.50 ➝ C$16.00
4/23/2020National Bank FinancialBoost Price TargetSector PerformC$11.25 ➝ C$12.50
3/25/2020National Bank FinancialLower Price TargetSector PerformC$13.25 ➝ C$11.25
3/13/2020National Bank FinancialLower Price TargetSector PerformC$14.00 ➝ C$13.25
1/27/2020TD SecuritiesLower Price TargetBuyC$18.50 ➝ C$17.50
1/22/2020National Bank FinancialLower Price TargetSector PerformC$16.50 ➝ C$14.00
1/22/2020BMO Capital MarketsLower Price TargetC$12.00 ➝ C$10.50
1/22/2020CormarkLower Price TargetC$17.00 ➝ C$16.50
11/18/2019National Bank FinancialLower Price TargetC$18.00 ➝ C$16.50
9/5/2019National Bank FinancialBoost Price TargetSector PerformC$14.00 ➝ C$18.00
8/19/2019HC WainwrightBoost Price TargetBuyC$8.00 ➝ C$11.50
8/19/2019National Bank FinancialBoost Price TargetSector PerformC$13.50 ➝ C$14.00
8/8/2019TD SecuritiesBoost Price TargetBuyC$13.00 ➝ C$17.50
8/8/2019BMO Capital MarketsBoost Price TargetC$9.25 ➝ C$12.00
7/23/2019National Bank FinancialBoost Price TargetC$11.00 ➝ C$13.50
6/28/2019National Bank FinancialBoost Price TargetSector PerformC$9.25 ➝ C$11.00
5/21/2019National Bank FinancialLower Price TargetSector PerformC$9.50 ➝ C$9.25
4/17/2019CormarkLower Price TargetC$11.50 ➝ C$11.00
4/2/2019BMO Capital MarketsReiterated RatingMarket PerformC$8.25
3/27/2019National Bank FinancialBoost Price TargetSector PerformC$8.50 ➝ C$9.50
3/1/2019B. RileyReiterated RatingNeutralC$6.00
1/15/2019National Bank FinancialLower Price TargetSector PerformC$9.00 ➝ C$8.50
1/15/2019BMO Capital MarketsDowngradeOutperform ➝ Market PerformC$8.50 ➝ C$8.25
1/15/2019CormarkSet Price TargetC$10.00
11/8/2018National Bank FinancialLower Price TargetSector PerformC$9.25 ➝ C$8.75
8/27/2018BMO Capital MarketsUpgradeMarket Perform ➝ OutperformC$8.75 ➝ C$9.50
8/14/2018TD SecuritiesLower Price TargetBuyC$13.00 ➝ C$12.50
8/14/2018National Bank FinancialLower Price TargetSector PerformC$11.50 ➝ C$9.50
8/14/2018BMO Capital MarketsLower Price TargetMarket PerformC$9.25 ➝ C$8.75
8/13/2018National Bank FinancialReiterated RatingSector Perform Market Weight
7/18/2018CormarkLower Price TargetC$9.03C$14.00 ➝ C$13.00
7/14/2018National Bank FinancialBoost Price TargetC$9.75 ➝ C$11.50
5/15/2018TD SecuritiesUpgradeHold ➝ BuyC$11.00 ➝ C$14.00
4/25/2018Roth CapitalReiterated RatingBuy
1/26/2018National Bank FinancialDowngradeOutperform ➝ Sector PerformC$10.50 ➝ C$10.00
12/22/2017BMO Capital MarketsDowngradeMarket Perform ➝ UnderperformC$9.00 ➝ C$7.50
11/6/2017National Bank FinancialLower Price TargetOutperformC$11.00 ➝ C$10.50
10/18/2017HC WainwrightReiterated RatingBuy
8/17/2017National Bank FinancialLower Price TargetOutperformC$12.00 ➝ C$11.00
8/8/2017National Bank FinancialLower Price TargetOutperformC$12.00 ➝ C$11.00
8/4/2017TD SecuritiesLower Price TargetHoldC$12.00 ➝ C$11.50
7/12/2017BMO Capital MarketsReiterated RatingMarket PerformC$12.00
5/5/2017National Bank FinancialReiterated RatingOutperform Market Weight
4/21/2017TD SecuritiesReiterated RatingHoldC$14.00
4/20/2017Raymond JamesReiterated RatingMarket PerformC$10.75
2/24/2017ScotiabankSet Price TargetSector PerformC$9.75
2/24/2017TD SecuritiesSet Price TargetHoldC$14.00
2/23/2017ScotiabankReiterated RatingHoldC$14.00
2/23/2017TD SecuritiesReiterated RatingSector PerformC$9.75
1/18/2017ScotiabankReiterated RatingSector PerformC$9.75
12/22/2016Raymond JamesBoost Price TargetC$9.00 ➝ C$11.50
12/21/2016DesjardinsBoost Price TargetC$14.00 ➝ C$15.00
11/10/2016TD SecuritiesReiterated RatingHoldC$13.00
11/10/2016BMO Capital MarketsReiterated RatingMarket PerformC$14.00
11/9/2016National Bank FinancialUpgradeSector Perform Overweight ➝ Outperform Market Weight
10/25/2016Raymond JamesUpgradeUnderperform ➝ Market Perform
10/20/2016DesjardinsLower Price TargetHold ➝ BuyC$14.00
(Data available from 10/19/2016 forward)

News Sentiment Rating

0.34 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
3/23/2021
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/22/2021
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/22/2021
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/21/2021
  • 0 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
7/21/2021
  • 0 very positive mentions
  • 0 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
8/20/2021
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
9/19/2021
  • 1 very positive mentions
  • 8 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
10/19/2021

Current Sentiment

  • 1 very positive mentions
  • 8 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
First Majestic Silver logo
First Majestic Silver Corp. engages in the acquisition, exploration, development, and production of mineral properties with a focus on silver and gold production in Mexico. It holds 100% interests in the San Dimas Silver/Gold Mine comprises 119 concessions covering an area of 71,839 hectares located in Durango and Sinaloa states; the Santa Elena Silver/Gold Mine consists of 32 concessions covering an area of 102,172 hectares located in Sonora; and the La Encantada Silver Mine comprises 22 concessions covering an area of 4,076 hectares situated in Coahuila, as well as surface land ownership of 1,343 hectares. The company also holds 100% interests in the La Parrilla Silver Mine that covers an area of 69,478 hectares located in Durango; the Del Toro Silver Mine comprises 70 mining concessions covering an area of 2,159 hectares located in Zacatecas; the San Martin Silver Mine includes 33 mining concessions covering an area of 38,512 hectares located in Jalisco; and the La Guitarra Silver Mine that covers an area of 39,714 hectares located in México. In addition, it holds interest in the Springpole project, a gold and silver project covering an area of approximately 41,913 hectares in Ontario, Canada. The company was formerly known as First Majestic Resource Corp. and changed its name to First Majestic Silver Corp. in November 2006. First Majestic Silver Corp. was incorporated in 1979 and is headquartered in Vancouver, Canada.
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Today's Range

Now: C$15.44
Low: C$15.33
High: C$15.88

50 Day Range

MA: C$15.36
Low: C$13.65
High: C$16.47

52 Week Range

Now: C$15.44
Low: C$12.56
High: C$30.75

Volume

367,254 shs

Average Volume

919,265 shs

Market Capitalization

C$3.96 billion

P/E Ratio

34.77

Dividend Yield

0.20%

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of First Majestic Silver?

The following Wall Street analysts have issued reports on First Majestic Silver in the last year: BMO Capital Markets, Cormark, HC Wainwright, National Bank Financial, National Bankshares, Inc., and TD Securities.
View the latest analyst ratings for FR.

What is the current price target for First Majestic Silver?

6 Wall Street analysts have set twelve-month price targets for First Majestic Silver in the last year. Their average twelve-month price target is C$19.54, suggesting a possible upside of 26.6%. HC Wainwright has the highest price target set, predicting FR will reach C$25.00 in the next twelve months. BMO Capital Markets has the lowest price target set, forecasting a price of C$13.25 for First Majestic Silver in the next year.
View the latest price targets for FR.

What is the current consensus analyst rating for First Majestic Silver?

First Majestic Silver currently has 3 hold ratings and 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in FR, but not buy more shares or sell existing shares.
View the latest ratings for FR.

What other companies compete with First Majestic Silver?

How do I contact First Majestic Silver's investor relations team?

First Majestic Silver's physical mailing address is 925 Georgia St W Suite 1805, VANCOUVER, BC V6C 3L2, Canada. The mining company's listed phone number is +1-604-6883033. The official website for First Majestic Silver is www.firstmajestic.com.