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CIBC World Markets announced Sprott Inc. (TSE:SII), bumping up its stock price target to $3.50 today

Yesterday Sprott Inc. (TSE:SII) traded 1.28% lower at $2.50. Sprott Inc.’s 50-day moving average is $2.48 and its two hundred day moving average is $2.51. The last close is down 7.39% relative to the two hundred day moving average, compared to the Standard & Poor’s 500 Index which has fallen -0.01% over the date range. Trading volume was was down over the average, with 359,287 shares of SII changing hands under the typical 376,465 shares..

In an issued report on 8/16/2016 CIBC World Markets upped the target price of Sprott Inc. (TSE:SII) from $3 to $4 indicating a possible upsideof 0.40%.

Previously on 5/16/2016, CIBC World Markets released a statement about Sprott Inc.(TSE:SII) upped the target price from $2.50 to $2.75. At the time, this suggested an upside of 0.01%.

Recent Performance Chart:

Sprott Inc. (TSE:SII)

In addition to CIBC World Markets reporting it’s stock price target, a total of 7 brokers have issued a report on the company. The consensus target is $2.09 with 0 rating the stock a strong buy, 0 rating the stock a buy, 0 analysts rating the stock a hold, 0 rating the company to underperform, and finally 0 firms rating the company as sell.

With a market cap of $0.0, Sprott Inc. has a PE of 0 with a one-year low of $1.67 and a one-year high of $2.79.

General Company Details For Sprott Inc. (TSE:SII)

Sprott Inc. is an alternative asset management company. The Company has five segments: Sprott Asset Management LP (SAM), Global Companies, Sprott Resource Lending Corp. (SRLC), Consulting, and Corporate & Other. The SAM segment offers discretionary portfolio management, as well as asset management services to its branded Funds and Managed Accounts. The Global Companies segment provides asset management services to its branded funds and managed accounts in the United States, and provides securities trading and other transactional services to clients. The SRLC segment is a lender to companies in the mining and energy sectors. The Consulting segment manages its private investment strategies. The Corporate segment provides treasury and shared services to its business units. The Other segment includes the activities of Sprott Private Wealth LP, the private wealth business of the Company. Its businesses are Asset Management, Physical Bullion, Private Equity and Debt, and and Wealth Management.

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