--- title: "New Buy Rating for Wheaton Precious Metals (WPM), the Basic Materials Giant" type: "News" locale: "en" url: "https://longbridge.com/en/news/295600907.md" description: "RBC Capital analyst Josh Wolfson maintained a Buy rating on Wheaton Precious Metals (WPM) with a $160 price target. The stock closed at C$185.75, implying downside from the target. Meanwhile, Bank of America Securities also assigned a Buy rating, though with a -$1.00 target. The broader Street consensus remains Strong Buy with an average target of $166.25." datetime: "2026-08-12T01:46:20.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295600907.md) - [en](https://longbridge.com/en/news/295600907.md) - [zh-HK](https://longbridge.com/zh-HK/news/295600907.md) generator: "portal-rs" --- # New Buy Rating for Wheaton Precious Metals (WPM), the Basic Materials Giant RBC Capital analyst Josh Wolfson maintained a Buy rating on Wheaton Precious Metals on August 10 and set a price target of $160.00. The company’s shares closed yesterday at C$185.75. ### Claim 55% Off TipRanks - Unlock powerful investing tools with TipRanks Premium to make smarter, more confident investment decisions - Subscribe to TipRanks Smart Investor Newsletter, and discover new investing opportunities with data-backed stock picks Wolfson covers the Basic Materials sector, focusing on stocks such as Triple Flag Precious Metals, Agnico Eagle, and Barrick Mining. According to TipRanks, Wolfson has an average return of 23.1% and a 68.24% success rate on recommended stocks. The word on The Street in general, suggests a Strong Buy analyst consensus rating for Wheaton Precious Metals with a $166.25 average price target, implying a -10.50% downside from current levels. In a report released on August 10, Bank of America Securities also assigned a Buy rating to the stock with a -$1.00 price target. ### Related Stocks - [WPM.US](https://longbridge.com/en/quote/WPM.US.md) - [RY.US](https://longbridge.com/en/quote/RY.US.md) - [TFPM.US](https://longbridge.com/en/quote/TFPM.US.md) - [AEM.US](https://longbridge.com/en/quote/AEM.US.md) - [B.US](https://longbridge.com/en/quote/B.US.md) - [BAC.US](https://longbridge.com/en/quote/BAC.US.md) - [BAC-Q.US](https://longbridge.com/en/quote/BAC-Q.US.md) - [BML-L.US](https://longbridge.com/en/quote/BML-L.US.md) - [BAC-L.US](https://longbridge.com/en/quote/BAC-L.US.md) - [BAC-K.US](https://longbridge.com/en/quote/BAC-K.US.md) - [BML-H.US](https://longbridge.com/en/quote/BML-H.US.md) - [BAC-N.US](https://longbridge.com/en/quote/BAC-N.US.md) - [BAC-E.US](https://longbridge.com/en/quote/BAC-E.US.md) - [MER-K.US](https://longbridge.com/en/quote/MER-K.US.md) - [BAC-O.US](https://longbridge.com/en/quote/BAC-O.US.md) - [BML-G.US](https://longbridge.com/en/quote/BML-G.US.md) - [BAC-M.US](https://longbridge.com/en/quote/BAC-M.US.md) - [BAC-B.US](https://longbridge.com/en/quote/BAC-B.US.md) - [BML-J.US](https://longbridge.com/en/quote/BML-J.US.md) - [BAC-S.US](https://longbridge.com/en/quote/BAC-S.US.md) - [BAC-P.US](https://longbridge.com/en/quote/BAC-P.US.md) - [8648.JP](https://longbridge.com/en/quote/8648.JP.md) ## Related News & Research - [49,776 Shares in Wheaton Precious Metals Corp. $WPM Purchased by Corient Private Wealth LP](https://longbridge.com/en/news/297615331.md) - [Proficio Capital Partners LLC Buys Shares of 8,613 Wheaton Precious Metals Corp. $WPM](https://longbridge.com/en/news/297166472.md) - [Wheaton Precious Metals publishes corporate deck outlining streaming growth outlook through 2030](https://longbridge.com/en/news/295151321.md) - [New Buy Rating for Wheaton Precious Metals (WPM), the Basic Materials Giant](https://longbridge.com/en/news/294016988.md) - [Arkadios Wealth Advisors Sells 16,584 Shares of Wheaton Precious Metals Corp. $WPM](https://longbridge.com/en/news/295067935.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**