Fresnillo Plc (FNLPF) Upgraded to “Buy” at HSBC
FNLPF has been the topic of several other research reports. JPMorgan Chase & Co. downgraded Fresnillo Plc from an overweight rating to a neutral rating in a research note on Tuesday, July 5th. Zacks Investment Research raised Fresnillo Plc from a hold rating to a buy rating and set a $26.00 price objective on the stock in a research note on Friday, September 23rd. Morgan Stanley raised Fresnillo Plc from an underweight rating to an equal weight rating in a research note on Wednesday. Deutsche Bank AG reaffirmed a sell rating on shares of Fresnillo Plc in a research note on Wednesday, August 10th. Finally, Goldman Sachs Group Inc. reaffirmed a neutral rating on shares of Fresnillo Plc in a research note on Monday, June 27th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the company’s stock. Fresnillo Plc presently has a consensus rating of Hold and an average target price of $26.00.
Shares of Fresnillo Plc (NASDAQ:FNLPF) traded up 4.82% during midday trading on Thursday, hitting $24.37. The company had a trading volume of 422 shares. The company’s 50 day moving average is $23.04 and its 200 day moving average is $19.36. Fresnillo Plc has a one year low of $9.00 and a one year high of $26.65. The firm has a market cap of $17.96 billion and a price-to-earnings ratio of 111.28.
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