Franco Nevada Corp (FNV) Earns “Sector Perform” Rating from Scotiabank
Several other brokerages have also recently issued reports on FNV. Royal Bank Of Canada restated an outperform rating on shares of Franco Nevada Corp in a report on Tuesday. National Bank Financial upped their target price on Franco Nevada Corp from C$100.00 to C$110.00 in a report on Wednesday, July 13th. Canaccord Genuity dropped their target price on Franco Nevada Corp from C$105.00 to C$100.00 in a report on Monday, October 24th. CIBC upped their target price on Franco Nevada Corp from C$100.00 to C$110.00 in a report on Wednesday, August 10th. Finally, TD Securities restated a hold rating and issued a C$77.00 target price on shares of Franco Nevada Corp in a report on Wednesday, August 10th. Five analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock has an average rating of Hold and a consensus target price of C$90.75.
Shares of Franco Nevada Corp (TSE:FNV) opened at 83.93 on Tuesday. The company has a market capitalization of $14.95 billion and a price-to-earnings ratio of 248.31. Franco Nevada Corp has a 1-year low of $58.67 and a 1-year high of $105.69. The company’s 50 day moving average price is $87.96 and its 200-day moving average price is $91.99.
About Franco Nevada Corp
Franco-Nevada Corporation (Franco-Nevada) is a gold-focused royalty and stream company. The Company’s additional interests are in platinum group metals and other resource assets. The Company 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.
Receive News & Stock 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 stocks with our FREE daily email newsletter.