Triple Flag: Triple Flag Precious Metals (NYSE:TFPM) Stock Price Expected to Rise, Jefferies Financial Group Analyst Says

Triple Flag Precious Metals ( NYSE:TFPM - Get Free Report ) had its price target lifted by investment analysts at Jefferies Financial Group from $24.00 to $26.00 in a research note issued on Tuesday, MarketBeat reports. The brokerage currently has a "buy" rating on the stock. Jefferies Financial Group's price objective indicates a potential upside of 23.11% from the stock's current price. Other analysts have also recently issued research reports about the stock. Scotiabank restated a "sector perform" rating on shares of Triple Flag Precious Metals in a research note on Monday, April 14th. Raymond James reissued an "outperform" rating on shares of Triple Flag Precious Metals in a report on Friday, April 4th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $22.00. Check Out Our Latest Report on TFPM Triple Flag Precious Metals Stock Performance Triple Flag Precious Metals ( NYSE:TFPM - Get Free Report ) last issued its earnings results on Wednesday, February 19th. The company reported $0.18 EPS for the quarter, topping the consensus estimate of $0.16 by $0.02. Triple Flag Precious Metals had a positive return on equity of 6.63% and a negative net margin of 8.58%. The company had revenue of $74.21 million during the quarter, compared to the consensus estimate of $74.10 million. As a group, equities analysts forecast that Triple Flag Precious Metals will post 0.71 earnings per share for the current year. Institutional Inflows and Outflows A number of institutional investors and hedge funds have recently made changes to their positions in TFPM. Geode Capital Management LLC boosted its stake in shares of Triple Flag Precious Metals by 148.3% in the third quarter. Geode Capital Management LLC now owns 64,744 shares of the company's stock valued at $1,235,000 after buying an additional 38,673 shares during the period. Perfromance Wealth Partners LLC lifted its position in shares of Triple Flag Precious Metals by 69.6% during the 4th quarter. Perfromance Wealth Partners LLC now owns 68,304 shares of the company's stock valued at $1,027,000 after acquiring an additional 28,026 shares during the period. Barclays PLC grew its holdings in shares of Triple Flag Precious Metals by 21.5% during the 3rd quarter. Barclays PLC now owns 142,444 shares of the company's stock worth $2,304,000 after purchasing an additional 25,220 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of Triple Flag Precious Metals by 24.9% in the third quarter. JPMorgan Chase & Co. now owns 69,094 shares of the company's stock worth $1,118,000 after purchasing an additional 13,790 shares during the period. Finally, Norges Bank acquired a new position in Triple Flag Precious Metals in the fourth quarter valued at about $15,696,000. Institutional investors and hedge funds own 82.91% of the company's stock. Triple Flag Precious Metals Company Profile ( Get Free Report ) Triple Flag Precious Metals Corp., a precious-metals-focused streaming and royalty company, engages in acquiring and managing precious metals, streams, royalties and other mineral interests in Australia, Canada, Colombia, Cote d'Ivoire, Honduras, Mexico, Mongolia, Peru, South Africa, the United States, and internationally. Read More Five stocks we like better than Triple Flag Precious Metals Should You Add These Warren Buffett Stocks to Your Portfolio? Can IBM's Q1 Earnings Spark a Breakout for the Stock? How to Invest in the Best Canadian Stocks S&P 500 and Nasdaq-100 Flashed Death Crosses-Should You Worry? What is a Secondary Public Offering? What Investors Need to Know Fundamentally Sound, These 5 Stocks Sold Off Anyway Receive News & Ratings for Triple Flag Precious Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Triple Flag Precious Metals and related companies with MarketBeat.com's FREE daily email newsletter .