Analysts at RBC Capital lowered their price target on shares of Coeur Dalene Mines (NYSE: CDE) from $37.00 to $33.00 in a research report issued to clients and investors on Wednesday. The firm currently has a sector perform rating on the stock.
A number of other firms have also recently commented on CDE. Analysts at UBS AG cut their price target on shares of Coeur Dalene Mines from $34.00 to $31.00 in a research note to investors on Wednesday. They now have a buy rating on the stock. Separately, analysts at BMO Capital Markets upgraded shares of Coeur Dalene Mines from a market perform rating to an outperform rating in a research note to investors on Wednesday. They now have a $31.00 price target on the stock. Finally, analysts at Deutsche Bank reiterated a buy rating on shares of Coeur Dalene Mines in a research note to investors on Tuesday, October 2nd.
Shares of Coeur Dalene Mines traded up 7.05% during mid-day trading on Wednesday, hitting $25.80. Coeur Dalene Mines has a 52 week low of $15.15 and a 52 week high of $31.97. The company has a market cap of $2.320 billion and a P/E ratio of 31.30.
Coeur Dalene Mines last announced its earnings results on Tuesday, November 6th. The company reported $0.29 earnings per share for the quarter, missing the analysts consensus estimate of $0.43 by $0.14. The company had revenue of $230.60 million for the quarter, compared to the consensus estimate of $246.03 million. On average, analysts predict that Coeur Dalene Mines will post $1.39 earnings per share for the current fiscal year.
Coeur dAlene Mines Corporation (Coeur) is a silver producer with gold production and has assets located in the United States, Mexico, Bolivia, Argentina and Australia.