RBC keeps USD 165 target for Wheaton Precious Metals stock - ad-hoc-news.de

AI desk brief

RBC kept a Buy on Wheaton Precious Metals and reiterated a USD 165 target after the company posted sharply stronger Q2 2026 results, with revenue rising to CAD 929.20 million from CAD 503.22 million a year earlier and net profit increasing to CAD 543.24 million from CAD 292.27 million. The stock was last quoted at EUR 109.95 on Lang & Schwarz, up 1.15% versus the prior Xetra close, leaving it below its 52-week high of USD 165.76 ahead of Q3 results on Nov. 5.

The note frames the current valuation against the stock’s annual range and next earnings catalyst, with the market now looking for confirmation that the strong second-quarter operating trend carried into Q3.