Fresnillo Plc (FRES) Upgraded by Numis Securities Ltd to “Hold”
Numis Securities Ltd upgraded shares of Fresnillo Plc (LON:FRES) to a hold rating in a research report released on Wednesday. Numis Securities Ltd currently has GBX 1,400 ($17.49) price target on the stock.
Other equities analysts have also recently issued reports about the stock. HSBC upgraded shares of Fresnillo Plc to a buy rating in a report on Thursday, September 29th. Barclays PLC reiterated an equal weight rating and issued a GBX 1,050 ($13.12) price objective on shares of Fresnillo Plc in a report on Wednesday, August 3rd. Morgan Stanley upgraded shares of Fresnillo Plc to an equal weight rating and upped their price objective for the stock from GBX 1,520 ($18.99) to GBX 1,620 ($20.24) in a report on Tuesday, September 27th. Deutsche Bank AG upgraded shares of Fresnillo Plc to a hold rating and set a GBX 1,340 ($16.74) price objective for the company in a report on Tuesday. Finally, Macquarie reiterated a neutral rating on shares of Fresnillo Plc in a report on Monday, August 22nd. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have assigned a buy rating to the company. Fresnillo Plc has a consensus rating of Hold and a consensus price target of GBX 1,311.82 ($16.39).
Fresnillo Plc (LON:FRES) traded up 0.44% on Wednesday, reaching GBX 1384.00. The company’s stock had a trading volume of 1,739,339 shares. Fresnillo Plc has a 1-year low of GBX 612.50 and a 1-year high of GBX 2,057.21. The stock has a 50 day moving average price of GBX 1,644.00 and a 200-day moving average price of GBX 1,574.02. The company’s market capitalization is GBX 10198.61 billion.
About Fresnillo Plc
Fresnillo plc is a holding company. Through its subsidiaries, the Company is engaged in the mining and beneficiation of non-ferrous minerals, and the sale of related production. The primary contents of this production include silver, gold, lead and zinc. The Company has six operating mines: Fresnillo, located in the State of Zacatecas, which is primary silver mine; Saucito, located in the State of Zacatecas, an underground silver mine; Cienega, located in the State of Durango, an underground gold mine, including the San Ramon satellite mine; Herradura, located in the State of Sonora, a surface gold mine; Soledad-Dipolos mine, located in the State of Sonora, a surface gold mine, and Noche Buena, located in State of Sonora, a surface gold mine.
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