HSBC Holdings PLC upgraded shares of Fresnillo PLC (LON:FRES) to a buy rating in a research report sent to investors on Wednesday. They currently have GBX 1,570 ($20.65) price objective on the stock, down from their prior price objective of GBX 1,760 ($23.15).

FRES has been the subject of several other reports. The Goldman Sachs Group, Inc. restated a sell rating and set a GBX 1,075 ($14.14) target price on shares of Fresnillo PLC in a research report on Thursday, October 26th. Numis Securities Ltd restated a hold rating and set a GBX 1,600 ($21.04) target price on shares of Fresnillo PLC in a research report on Thursday, August 3rd. Citigroup Inc. restated a sell rating and set a GBX 1,225 ($16.11) target price on shares of Fresnillo PLC in a research report on Thursday, July 27th. J P Morgan Chase & Co reduced their target price on Fresnillo PLC from GBX 1,500 ($19.73) to GBX 1,450 ($19.07) and set a neutral rating for the company in a research report on Thursday, October 26th. Finally, Macquarie restated a neutral rating and set a GBX 1,800 ($23.67) target price on shares of Fresnillo PLC in a research report on Wednesday, October 4th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has given a buy rating to the stock. The stock currently has an average rating of Hold and an average target price of GBX 1,422.73 ($18.71).

Fresnillo PLC (LON:FRES) traded up GBX 1 ($0.01) during trading on Wednesday, reaching GBX 1,296 ($17.05). The company had a trading volume of 1,203,938 shares, compared to its average volume of 873,302. Fresnillo PLC has a twelve month low of GBX 1,052 ($13.84) and a twelve month high of GBX 1,746 ($22.96).

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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)

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