Fresnillo Plc (FNLPF) Rating Increased to Equal Weight at Morgan Stanley
Fresnillo Plc (NASDAQ:FNLPF) was upgraded by research analysts at Morgan Stanley from an “underweight” rating to an “equal weight” rating in a research report issued to clients and investors on Wednesday.
Several other equities analysts have also weighed in on FNLPF. Deutsche Bank AG restated a “sell” rating on shares of Fresnillo Plc in a report on Saturday, June 25th. Goldman Sachs Group Inc. restated a “neutral” rating on shares of Fresnillo Plc in a report on Monday, June 27th. JPMorgan Chase & Co. lowered shares of Fresnillo Plc from an “overweight” rating to a “neutral” rating in a report on Tuesday, July 5th. HSBC restated a “hold” rating on shares of Fresnillo Plc in a report on Thursday, July 7th. Finally, Zacks Investment Research upgraded shares of Fresnillo Plc from a “hold” rating to a “buy” rating and set a $26.00 price objective on the stock in a report on Friday, September 23rd. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company’s stock. Fresnillo Plc has an average rating of “Hold” and an average price target of $26.00.
Fresnillo Plc (NASDAQ:FNLPF) opened at 23.25 on Wednesday. Fresnillo Plc has a one year low of $9.00 and a one year high of $26.65. The company’s 50-day moving average is $23.04 and its 200 day moving average is $19.36. The stock has a market capitalization of $17.13 billion and a price-to-earnings ratio of 106.16.
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