Fresnillo PLC (FNLPF) Rating Increased to Buy at HSBC
Fresnillo PLC (OTCMKTS:FNLPF) was upgraded by investment analysts at HSBC from a “hold” rating to a “buy” rating in a research report issued on Thursday.
Several other brokerages have also recently issued reports on FNLPF. Goldman Sachs Group Inc. raised shares of Fresnillo PLC from a “sell” rating to a “neutral” rating in a research note on Monday, June 27th. JPMorgan Chase & Co. cut shares of Fresnillo PLC from an “overweight” rating to a “neutral” rating in a research note on Tuesday, July 5th. Finally, Morgan Stanley raised shares of Fresnillo PLC from an “underweight” rating to an “equal weight” rating in a research note on Wednesday, September 28th. Four analysts have rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $11.00.
Shares of Fresnillo PLC (OTCMKTS:FNLPF) opened at 23.90 on Thursday. Fresnillo PLC has a 1-year low of $9.00 and a 1-year high of $26.65. The firm has a 50-day moving average price of $23.00 and a 200-day moving average price of $19.43. The firm has a market capitalization of $17.61 billion, a PE ratio of 109.13 and a beta of 1.11.
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