Macquarie reissued their neutral rating on shares of Fresnillo Plc (LON:FRES) in a research note issued to investors on Wednesday. They currently have a GBX 1,800 ($23.88) price target on the stock.

Several other research firms also recently issued reports on FRES. Barclays PLC cut their target price on Fresnillo Plc from GBX 1,500 ($19.90) to GBX 1,350 ($17.91) and set an equal weight rating on the stock in a research report on Friday, July 14th. Numis Securities Ltd cut their target price on Fresnillo Plc from GBX 1,600 ($21.22) to GBX 1,500 ($19.90) and set a hold rating on the stock in a research report on Monday, September 25th. Citigroup Inc. reissued a sell rating and issued a GBX 1,225 ($16.25) target price on shares of Fresnillo Plc in a research report on Thursday, July 27th. Finally, HSBC Holdings plc downgraded Fresnillo Plc to a hold rating and cut their target price for the company from GBX 1,830 ($24.27) to GBX 1,760 ($23.35) in a research report on Monday, June 12th. Two investment analysts have rated the stock with a sell rating and eight have given a hold rating to the company’s stock. Fresnillo Plc currently has a consensus rating of Hold and an average target price of GBX 1,415.50 ($18.78).

Fresnillo Plc (FRES) opened at 1424.00 on Wednesday. The company’s 50-day moving average price is GBX 1,515.89 and its 200 day moving average price is GBX 1,533.46. Fresnillo Plc has a 52-week low of GBX 1,052.00 and a 52-week high of GBX 1,864.00. The stock’s market capitalization is GBX 10.49 billion.

COPYRIGHT VIOLATION NOTICE: This report was published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this report on another site, it was copied illegally and reposted in violation of United States & international copyright law. The correct version of this report can be viewed at https://www.thecerbatgem.com/2017/10/08/macquarie-reaffirms-neutral-rating-for-fresnillo-plc-fres.html.

The business also recently declared a dividend, which was paid on Friday, September 8th. Shareholders of record on Thursday, August 10th were given a dividend of $0.11 per share. This represents a yield of 0.53%. The ex-dividend date of this dividend was Thursday, August 10th.

Fresnillo Plc Company Profile

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.

Analyst Recommendations for Fresnillo Plc (LON:FRES)

Receive News & Stock Ratings for Fresnillo Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fresnillo Plc and related stocks with our FREE daily email newsletter.