RBC analyst raises stock price target for PTMI am looking at a copy of a report put out by an analyst at RBC. The price target has been raised from Cdn $2.00 to $2.50 for the stock. PTM is rated as "industry outperform". These targets are very conservative. PTM has quickly surpassed previous targets provided by RBC. Also, RBC figures the value of PTM based on platinum at $800 per ounce which is of course hundreds of dollars below the current market.
PTM is up 250% from its lows last year, and is still deeply undervalued. Buy and hold.