Franco-Nevada Corporation (NYSE:FNV) : 10 analysts are covering Franco-Nevada Corporation (NYSE:FNV) and their average rating on the stock is 2.7, which is read as a Hold. 2 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Franco-Nevada Corporation (NYSE:FNV) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. However, 1 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. A total of 6 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Franco-Nevada Corporation (NYSE:FNV) : Currently there are 9 street experts covering Franco-Nevada Corporation (NYSE:FNV) stock. The most bullish and bearish price target for the stock is $81 and $49 respectively for the short term. The average price target of all the analysts comes to $65.28. The estimated standard deviation from the target is $10.46.
Company shares have received an average consensus rating of Hold for the current week
Franco-Nevada Corporation (NYSE:FNV): stock turned positive on Tuesday. Though the stock opened at $71.74, the bulls momentum made the stock top out at $73.15 level for the day. The stock recorded a low of $71.23 and closed the trading day at $72.81, in the green by 0.37%. The total traded volume for the day was 717,911. The stock had closed at $72.54 in the previous days trading.
Franco-Nevada Corporation (Franco-Nevada) is a gold-focused royalty and stream company. The Companys additional interests are in platinum group metals and other resource assets. The Companys business model provides investors with gold price and exploration optionality. The Company has a diversified portfolio of royalties and streams by commodity, geography, revenue type and stage of project. Its assets include Gold (United States), Gold (Canada), Gold (Australia), Gold (Rest of World), Platinum Group Metals, Other Minerals and Oil and Gas. The Companys projects under each of this location include Goldstrike complex, Gold Quarry, Marigold, Pinson, Sterling, Sandman, Robinson, Sudbury basin, Golden Highway, Musselwhite, Hemlo, Hardrock, Duketon, Henty, Red October, Edna May, Wiluna, Palmarejo, Sabodla, Subika, Edikan, Cerro Moro, Ity, Gurupi, Volcan, Stillwater Complex, Pandora, Peculiar Knob, Mt Keith, King Vol, Flying Fox, Weyburn unit, Midale unit, Edson property and among others.