Berenberg Raises its Price Target on Wheaton Precious Metals Corp. (WPM) to $180 and Maintains a Buy Rating

Wheaton Precious Metals Corp. (NYSE:WPM) is among the 10 Must-Buy Mining Stocks to Invest In.

Berenberg Raises its Price Target on Wheaton Precious Metals Corp. (WPM) to $180 and Maintains a Buy Rating

On March 5, 2026, Berenberg raised its price target on Wheaton Precious Metals Corp. (NYSE:WPM) to $180 from $159 and maintained a Buy rating.

Earlier, on February 26, 2026, BofA raised its price target on Wheaton Precious Metals to $188 from $160 and kept a Buy rating after updating forecasts for 2026 metal prices across its North American Metals & Mining coverage.

On February 16, 2026, Wheaton announced that its wholly-owned subsidiary, Wheaton Precious Metals International, entered into a definitive Precious Metals Purchase Agreement, the Silver Stream, with a wholly-owned subsidiary of BHP Group for its 33.75% portion of silver produced at the Antamina Mine in Peru. After closing, Wheaton will receive a combined 67.5% of all silver produced from Antamina, up from the 33.75% currently delivered under the existing Glencore silver stream. President Haytham Hodaly said the agreement deepens exposure to what Hodaly described as a “cornerstone” asset and called Antamina a “long-life, low-cost operation” expected to deliver immediate production and operating cash flow.

Wheaton Precious Metals Corp. (NYSE:WPM) sells precious metals across North America, Europe, Africa, and South America and primarily produces and sells gold, silver, palladium, platinum, and cobalt.

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