Shares of Franco Nevada Corp (TSE:FNV) (NYSE:FNV) have received an average rating of “Buy” from the twelve brokerages that are currently covering the stock. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is C$86.69.
Several brokerages recently issued reports on FNV. CIBC boosted their price objective on Franco Nevada Corp from C$95.00 to C$110.00 in a research report on Wednesday, January 11th. Desjardins decreased their price objective on Franco Nevada Corp from C$115.00 to C$110.00 in a research report on Wednesday, December 21st. Barclays PLC decreased their price objective on Franco Nevada Corp from C$68.00 to C$65.00 in a research report on Tuesday, January 10th. Scotiabank decreased their price objective on Franco Nevada Corp from C$72.50 to C$71.50 and set a “sector perform” rating for the company in a research report on Monday, January 23rd. Finally, Goldman Sachs Group Inc upgraded Franco Nevada Corp from a “sell” rating to a “neutral” rating in a research report on Thursday, February 9th.
COPYRIGHT VIOLATION WARNING: This article was posted by sleekmoney and is the property of of sleekmoney. If you are reading this article on another domain, it was stolen and republished in violation of U.S. & international copyright and trademark laws. The original version of this article can be accessed at https://sleekmoney.com/franco-nevada-corp-fnv-receives-c86-69-average-target-price-from-analysts/1739152.html.
Shares of Franco Nevada Corp (TSE:FNV) traded up 0.06% during trading on Monday, reaching $92.84. The company’s stock had a trading volume of 217,126 shares. The company has a market cap of $16.57 billion and a PE ratio of 134.55. The stock’s 50 day moving average price is $86.41 and its 200 day moving average price is $84.06. Franco Nevada Corp has a 52 week low of $71.44 and a 52 week high of $105.69.
Franco Nevada Corp Company Profile
Franco-Nevada Corp (Franco-Nevada) is a Canada-based gold-focused royalty and stream company. The Company’s additional interests are in platinum group metals and other resource assets. It operates in the segment of resource sector royalty/stream acquisitions and management activities. The Company’s business model provides investors with gold price and exploration optionality.
This story was originally published by sleekmoney (https://sleekmoney.com) and is the sole property of sleekmoney. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at https://sleekmoney.com/franco-nevada-corp-fnv-receives-c86-69-average-target-price-from-analysts/1739152.html
Receive News & Ratings for Franco Nevada Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Franco Nevada Corp and related companies with MarketBeat.com's FREE daily email newsletter.