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First Majestic Silver - FR Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: C$7.33
  • Forecasted Upside: -25.25%
  • Number of Analysts: 2
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 0 Buy Ratings
  • 0 Strong Buy Ratings
C$9.81 As of 05/24/2024 09:51 PM ET
▲ +0.13 (1.34%)

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$7.33
▼ -25.25% Downside Potential
This price target is based on 2 analysts offering 12 month price targets for First Majestic Silver in the last 3 months. The average price target is C$7.33, with a high forecast of C$7.50 and a low forecast of C$7.00. The average price target represents a -25.25% upside from the last price of C$9.81.

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 2 contributing 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
Ratings as of
4/16/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
7/15/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
10/13/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
1/11/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
4/10/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
7/9/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
9/7/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
10/7/2024

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
2/26/2024BMO Capital MarketsLower TargetC$8.00 ➝ C$7.50
2/26/2024CormarkLower TargetC$8.00 ➝ C$7.00
1/18/2024TD SecuritiesLower TargetHoldC$8.00 ➝ C$7.50
1/17/2024BMO Capital MarketsLower TargetC$8.50 ➝ C$8.00
12/13/2023BMO Capital MarketsBoost TargetC$8.00 ➝ C$8.50
11/6/2023BMO Capital MarketsLower TargetMarket PerformC$8.50 ➝ C$8.00
11/3/2023TD SecuritiesLower TargetHoldC$10.00 ➝ C$8.00
9/14/2023BMO Capital MarketsSet TargetMarket PerformC$8.25
8/4/2023TD SecuritiesLower TargetHoldC$10.50 ➝ C$10.00
3/21/2023TD SecuritiesLower TargetHoldC$11.00 ➝ C$9.00
2/27/2023TD SecuritiesLower TargetHoldC$12.00 ➝ C$11.00
2/24/2023BMO Capital MarketsLower TargetC$9.00 ➝ C$8.50
2/14/2023National BanksharesLower TargetSector PerformC$14.50 ➝ C$11.00
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
(Data available from 10/7/2019 forward)

News Sentiment Rating

0.59 (Buy)

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
  • 3 very positive mentions
  • 9 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
3/11/2024
  • 1 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/10/2024
  • 2 very positive mentions
  • 9 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
5/10/2024
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/9/2024
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/9/2024
  • 3 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/8/2024
  • 1 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Mentions as of
9/7/2024
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/7/2024

Current Sentiment

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

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

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. Its projects include the San Dimas mine covering an area of approximately 71,867 hectares located in Durango State, Mexico; the Santa Elena that covers an area of approximately 102,244 hectares located in Sonora State, México; and the La Encantada covering an area of approximately 4,076 hectares located in Coahuila State, México. 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.
Read More

Today's Range

Now: C$9.81
Low: C$9.67
High: C$9.91

50 Day Range

MA: C$8.75
Low: C$8.00
High: C$9.81

52 Week Range

Now: C$9.81
Low: C$5.67
High: C$11.58

Volume

543,870 shs

Average Volume

872,442 shs

Market Capitalization

C$2.86 billion

P/E Ratio

N/A

Dividend Yield

0.27%

Beta

1.33

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

What is the current price target for First Majestic Silver?

3 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$7.33, suggesting a possible downside of 25.2%. BMO Capital Markets has the highest price target set, predicting FR will reach C$7.50 in the next twelve months. Cormark has the lowest price target set, forecasting a price of C$7.00 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 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 First Majestic Silver, Aya Gold & Silver, MAG Silver, Silvercorp Metals and Dolly Varden Silver. 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.