First Majestic Silver - FR Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: C$12.50
  • Forecasted Upside: 14.47%
  • Number of Analysts: 3
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
C$10.92
▼ -0.27 (-2.41%)

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$12.50
▲ +14.47% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for First Majestic Silver in the last 3 months. The average price target is C$12.50, with a high forecast of C$15.00 and a low forecast of C$9.00. The average price target represents a 14.47% upside from the last price of C$10.92.

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 3 polled 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
  • 4 hold ratings
  • 0 sell ratings
8/4/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 0 sell ratings
11/2/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 0 sell ratings
1/31/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 0 sell ratings
5/1/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 0 sell ratings
7/30/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 0 sell ratings
10/28/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
12/27/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
1/26/2023

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
1/20/2023CormarkLower TargetC$17.00 ➝ C$15.00
1/20/2023BMO Capital MarketsLower TargetC$10.50 ➝ C$9.00
1/20/2023HC WainwrightReiterated RatingBuyC$12.00
1/13/2023National BanksharesBoost TargetSector PerformC$13.00 ➝ C$14.50
11/29/2022HC WainwrightLower TargetOutperformC$12.50
11/10/2022TD SecuritiesBoost TargetHoldC$11.00 ➝ C$12.00
11/10/2022HC WainwrightReiterated RatingBuyC$12.50
10/13/2022National BanksharesBoost TargetC$11.75 ➝ C$13.00
8/5/2022BMO Capital MarketsBoost TargetC$9.50 ➝ C$10.25
8/5/2022CormarkBoost TargetC$12.50 ➝ C$14.25
7/25/2022BMO Capital MarketsLower TargetC$10.00 ➝ C$9.50
7/21/2022National BanksharesLower TargetSector PerformC$18.00 ➝ C$11.75
5/13/2022BMO Capital MarketsLower TargetC$12.00 ➝ C$10.50
5/13/2022TD SecuritiesLower TargetHoldC$20.00 ➝ C$12.00
5/13/2022HC WainwrightReiterated RatingBuyC$19.50
4/20/2022National BanksharesBoost TargetC$17.00 ➝ C$18.00
4/19/2022BMO Capital MarketsLower TargetC$13.00 ➝ C$12.00
4/19/2022HC WainwrightReiterated RatingBuyC$22.00
4/1/2022BMO Capital MarketsLower TargetC$13.50 ➝ C$13.00
3/11/2022TD SecuritiesDowngradeBuy ➝ HoldC$18.00 ➝ C$15.00
3/11/2022HC WainwrightReiterated RatingBuyC$22.00
1/19/2022BMO Capital MarketsLower TargetC$12.75 ➝ C$11.75
1/19/2022HC WainwrightReiterated RatingBuyC$22.50
1/7/2022National BanksharesLower TargetC$19.00 ➝ C$18.50
12/7/2021TD SecuritiesUpgradeHold ➝ BuyC$19.50 ➝ C$18.00
12/3/2021BMO Capital MarketsSet TargetMarket PerformC$13.25
11/9/2021CormarkReiterated RatingBuy
11/8/2021CormarkBoost TargetC$20.00 ➝ C$23.00
10/22/2021National BanksharesBoost TargetC$18.00 ➝ C$19.00
10/13/2021BMO Capital MarketsBoost TargetNAC$13.00 ➝ C$13.25
10/13/2021HC WainwrightReiterated RatingBuyC$25.00
9/10/2021National Bank FinancialLower TargetSector PerformC$18.00
9/10/2021National BanksharesLower TargetSector PerformC$21.00 ➝ C$18.00
8/19/2021CormarkLower TargetBuyC$26.00 ➝ C$23.00
8/17/2021TD SecuritiesLower TargetHoldC$21.00 ➝ C$20.00
7/17/2021TD SecuritiesLower TargetC$23.00 ➝ C$21.00
7/16/2021TD SecuritiesBoost TargetNAC$21.00 ➝ C$23.00
7/15/2021CormarkLower TargetNAC$26.25 ➝ C$25.00
5/20/2021National Bank FinancialBoost TargetSector PerformC$21.00
5/20/2021National BanksharesBoost TargetSector PerformC$20.00 ➝ C$21.00
5/7/2021BMO Capital MarketsBoost 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 TargetSector PerformC$18.00 ➝ C$20.00
1/11/2021National Bank FinancialBoost TargetSector PerformC$18.00 ➝ C$20.00
10/22/2020National Bank FinancialLower TargetC$20.00 ➝ C$18.00
10/20/2020TD SecuritiesUpgradeHold ➝ BuyC$19.50
9/11/2020National Bank FinancialBoost TargetC$19.00 ➝ C$20.00
8/10/2020BMO Capital MarketsBoost TargetC$12.50 ➝ C$15.00
8/10/2020CormarkBoost TargetC$19.00 ➝ C$20.00
7/24/2020TD SecuritiesDowngradeBuy ➝ HoldC$16.50 ➝ C$19.50
7/22/2020National Bank FinancialBoost TargetSector PerformC$16.00 ➝ C$19.00
7/16/2020CormarkBoost TargetC$16.00 ➝ C$17.00
5/21/2020National Bank FinancialBoost TargetSector PerformC$12.50 ➝ C$16.00
4/23/2020National Bank FinancialBoost TargetSector PerformC$11.25 ➝ C$12.50
3/25/2020National Bank FinancialLower TargetSector PerformC$13.25 ➝ C$11.25
3/13/2020National Bank FinancialLower TargetSector PerformC$14.00 ➝ C$13.25
1/27/2020TD SecuritiesLower TargetBuyC$18.50 ➝ C$17.50
1/22/2020National Bank FinancialLower TargetSector PerformC$16.50 ➝ C$14.00
1/22/2020BMO Capital MarketsLower TargetC$12.00 ➝ C$10.50
1/22/2020CormarkLower TargetC$17.00 ➝ C$16.50
11/18/2019National Bank FinancialLower TargetC$18.00 ➝ C$16.50
9/5/2019National Bank FinancialBoost TargetSector PerformC$14.00 ➝ C$18.00
8/19/2019HC WainwrightBoost TargetBuyC$8.00 ➝ C$11.50
8/19/2019National Bank FinancialBoost TargetSector PerformC$13.50 ➝ C$14.00
8/8/2019TD SecuritiesBoost TargetBuyC$13.00 ➝ C$17.50
8/8/2019BMO Capital MarketsBoost TargetC$9.25 ➝ C$12.00
7/23/2019National Bank FinancialBoost TargetC$11.00 ➝ C$13.50
6/28/2019National Bank FinancialBoost TargetSector PerformC$9.25 ➝ C$11.00
5/21/2019National Bank FinancialLower TargetSector PerformC$9.50 ➝ C$9.25
4/17/2019CormarkLower TargetC$11.50 ➝ C$11.00
4/2/2019BMO Capital MarketsReiterated RatingMarket PerformC$8.25
3/27/2019National Bank FinancialBoost TargetSector PerformC$8.50 ➝ C$9.50
3/1/2019B. RileyReiterated RatingNeutralC$6.00
1/15/2019National Bank FinancialLower TargetSector PerformC$9.00 ➝ C$8.50
1/15/2019BMO Capital MarketsDowngradeOutperform ➝ Market PerformC$8.50 ➝ C$8.25
1/15/2019CormarkSet TargetC$10.00
11/8/2018National Bank FinancialLower TargetSector PerformC$9.25 ➝ C$8.75
8/27/2018BMO Capital MarketsUpgradeMarket Perform ➝ OutperformC$8.75 ➝ C$9.50
8/14/2018TD SecuritiesLower TargetBuyC$13.00 ➝ C$12.50
8/14/2018National Bank FinancialLower TargetSector PerformC$11.50 ➝ C$9.50
8/14/2018BMO Capital MarketsLower TargetMarket PerformC$9.25 ➝ C$8.75
8/13/2018National Bank FinancialReiterated RatingSector Perform Market Weight
7/18/2018CormarkLower TargetC$9.03C$14.00 ➝ C$13.00
7/14/2018National Bank FinancialBoost TargetC$9.75 ➝ C$11.50
5/15/2018TD SecuritiesUpgradeHold ➝ BuyC$11.00 ➝ C$14.00
4/25/2018Roth CapitalReiterated RatingBuy
(Data available from 1/27/2018 forward)

News Sentiment Rating

0.20 (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
  • 1 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/30/2022
  • 0 very positive mentions
  • 4 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
7/30/2022
  • 1 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
8/29/2022
  • 2 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
9/28/2022
  • 5 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
10/28/2022
  • 1 very positive mentions
  • 2 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
11/27/2022
  • 3 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
12/27/2022
  • 0 very positive mentions
  • 8 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
1/26/2023

Current Sentiment

  • 0 very positive mentions
  • 8 positive mentions
  • 1 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Very Positive

  • No very positive mentions tracked during this time.
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 North America. It holds 100% interests in the San Dimas Silver/Gold Mine covering an area of 71,868 hectares located in Durango and Sinaloa states; the Santa Elena Silver/Gold Mine covering an area of 102,244 hectares located in Sonora; Jerritt Canyon gold mine that covers an area of approximately of 30,821 hectares located in Elko County, Nevada; and the La Encantada Silver Mine 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 consisting of 3,815 hectares of mining concessions and 219 hectares of surface rights located in Zacatecas; the San Martin Silver Mine includes 33 mining concessions covering an area of 12,795 hectares located in Jalisco; and the La Guitarra Silver Mine that covers an area of 39,714 hectares located in Mexico. 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$10.92
Low: C$10.85
High: C$11.20

50 Day Range

MA: C$11.86
Low: C$10.60
High: C$12.88

52 Week Range

Now: C$10.92
Low: C$8.12
High: C$18.41

Volume

996,115 shs

Average Volume

893,498 shs

Market Capitalization

C$2.98 billion

P/E Ratio

3,640.00

Dividend Yield

0.29%

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 Bankshares, Inc., and TD Securities.
View the latest analyst ratings for FR.

What is the current price target for First Majestic Silver?

5 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$12.50, suggesting a possible upside of 14.5%. Cormark has the highest price target set, predicting FR will reach C$15.00 in the next twelve months. BMO Capital Markets has the lowest price target set, forecasting a price of C$9.00 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 2 hold ratings and 1 buy rating 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?

Other companies that are similar to First Majestic Silver include EnerCare, Cogeco Communications, DH, MTY Food Group and Energy Fuels. Learn More about companies similar to 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. Learn More about contacing First Majestic Silver investor relations.