Shares of Fresnillo plc (LON:FRES) have earned a consensus recommendation of “Hold” from the ten analysts that are covering the stock, MarketBeat Ratings reports. Seven research analysts have rated the stock with a hold recommendation, two have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is GBX 1,535 ($21.98).

Several research firms have issued reports on FRES. Barclays cut their target price on Fresnillo from GBX 1,350 ($19.33) to GBX 1,340 ($19.19) and set an “equal weight” rating on the stock in a research note on Monday, January 8th. Goldman Sachs reiterated a “conviction-buy” rating on shares of Fresnillo in a research note on Friday, April 6th. Citigroup reiterated a “neutral” rating and issued a GBX 1,395 ($19.97) target price on shares of Fresnillo in a research note on Wednesday, February 28th. Numis Securities upgraded Fresnillo to an “add” rating and set a GBX 1,450 ($20.76) target price on the stock in a research note on Wednesday, February 28th. Finally, JPMorgan Chase reiterated a “neutral” rating and issued a GBX 1,500 ($21.48) target price on shares of Fresnillo in a research note on Wednesday, February 28th.

FRES stock opened at GBX 1,298 ($18.59) on Friday. Fresnillo has a 1-year low of GBX 1,174 ($16.81) and a 1-year high of GBX 1,746 ($25.00).

The business also recently announced a dividend, which will be paid on Monday, June 4th. Shareholders of record on Thursday, April 26th will be paid a $0.30 dividend. This represents a yield of 1.82%. The ex-dividend date of this dividend is Thursday, April 26th. This is a positive change from Fresnillo’s previous dividend of $0.11.

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Fresnillo Company Profile

Fresnillo plc mines, develops, and produces non-ferrous minerals primarily in Mexico. It primarily explores for silver, gold, lead, and zinc ores. The company's primary operating mines include Fresnillo, Saucito, Ciénega, Herradura, Soledad-Dipolos, Noche Buena, and San Julián; development projects comprise San Julián, Pyrites Plant, and second line of DLP at Herradura; and advanced exploration projects consist of Orisyvo, Juanicipio, Las Casas Rosario and Cluster Cebollitas, and Centauro Deep, as well as various other long term exploration prospects.

Analyst Recommendations for Fresnillo (LON:FRES)

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