Scotiabank reiterated their sector perform rating on shares of Franco Nevada Corp (TSE:FNV) in a research note published on Tuesday. They currently have a C$80.00 price target on the stock.

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.

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