Pan American Silver (NYSE:PAAS) Price Target Lowered to $69.00 at Bank of America

Posted by Geri Gentry on Jul 9th, 2026

Pan American Silver (NYSE:PAAS – Get Free Report) (TSE:PAAS) had its target price decreased by investment analysts at Bank of America from $77.00 to $69.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The brokerage currently has a “buy” rating on the basic materials company’s stock. Bank of America‘s target price would suggest a potential upside of 61.88% from the stock’s previous close.

Several other equities analysts also recently weighed in on the company. TD Cowen raised Pan American Silver from a “hold” rating to a “buy” rating and boosted their target price for the company from $67.00 to $72.00 in a research report on Tuesday, May 12th. Royal Bank Of Canada reissued an “outperform” rating and issued a $75.00 target price on shares of Pan American Silver in a research note on Tuesday, April 28th. Zacks Research cut shares of Pan American Silver from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, April 22nd. Wall Street Zen raised shares of Pan American Silver from a “buy” rating to a “strong-buy” rating in a research report on Saturday, July 4th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Pan American Silver in a research note on Tuesday, May 12th. Eight equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $70.43.

Read Our Latest Analysis on PAAS

Pan American Silver Price Performance

Shares of Pan American Silver stock opened at $42.62 on Thursday. The firm has a market cap of $17.90 billion, a PE ratio of 13.71, a PEG ratio of 0.36 and a beta of 0.72. The stock has a 50 day moving average of $51.38 and a 200 day moving average of $54.97. The company has a current ratio of 2.84, a quick ratio of 2.11 and a debt-to-equity ratio of 0.11. Pan American Silver has a 12 month low of $26.76 and a 12 month high of $69.99.

Pan American Silver (NYSE:PAAS – Get Free Report) (TSE:PAAS) last issued its quarterly earnings data on Tuesday, May 5th. The basic materials company reported $1.09 earnings per share for the quarter, topping the consensus estimate of $1.06 by $0.03. Pan American Silver had a return on equity of 19.50% and a net margin of 31.66%.The company had revenue of $1.33 billion for the quarter, compared to analysts’ expectations of $1.25 billion. During the same period in the previous year, the firm posted $0.42 earnings per share. The firm’s revenue for the quarter was up 49.3% on a year-over-year basis. On average, research analysts expect that Pan American Silver will post 4.46 EPS for the current fiscal year.

Institutional Investors Weigh In On Pan American Silver

Several large investors have recently modified their holdings of PAAS. Vanguard Group Inc. boosted its position in Pan American Silver by 1.6% during the fourth quarter. Vanguard Group Inc. now owns 17,465,779 shares of the basic materials company’s stock valued at $905,513,000 after purchasing an additional 274,168 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Pan American Silver by 38.7% during the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,462,912 shares of the basic materials company’s stock valued at $560,149,000 after buying an additional 4,037,311 shares during the last quarter. Invesco Ltd. boosted its holdings in shares of Pan American Silver by 9.8% in the 3rd quarter. Invesco Ltd. now owns 9,898,397 shares of the basic materials company’s stock valued at $383,365,000 after buying an additional 882,135 shares in the last quarter. FIL Ltd boosted its holdings in shares of Pan American Silver by 154.7% in the 4th quarter. FIL Ltd now owns 7,307,777 shares of the basic materials company’s stock valued at $378,872,000 after buying an additional 4,438,478 shares in the last quarter. Finally, Norges Bank purchased a new position in shares of Pan American Silver in the 4th quarter worth approximately $303,611,000. Institutional investors own 55.43% of the company’s stock.

About Pan American Silver

(Get Free Report)

Pan American Silver Corp. (NYSE: PAAS) is a Vancouver-based mining company and one of the world’s largest primary silver producers. The company’s core activities encompass the exploration, development, extraction and processing of silver, with significant by-product production of gold, zinc and lead. Pan American Silver maintains a vertically integrated operating model, covering the full mining value chain from resource discovery through to refined metal production.

With a geographic footprint concentrated across the Americas, Pan American Silver operates multiple mines in Mexico, Peru, Argentina and Bolivia, and is advancing several development and exploration projects in Chile and Ecuador.