Zacks Rating on Franco-Nevada Corporation (FNV)

Franco-Nevada Corporation (FNV) : Zacks Investment Research ranks Franco-Nevada Corporation (FNV) as 2, which is a Buy recommendation. 3 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 2 other analysts are mildly bullish on the stock and favor a Buy. 1 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 4 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 10 research analysts is 2.4, which indicates as a Buy.

Franco-Nevada Corporation (FNV) stock is expected to deviate a maximum of $10.61 from the average target price of $76.8 for the short term period. 10 Street Experts have initiated coverage on the stock with the most promising target being $91 and the most muted being $59.


Franco-Nevada Corporation has dropped 2.39% in the last five trading days, however, the shares have posted positive gains of 5.31% in the last 4 weeks. Franco-Nevada Corporation is up 23.64% in the last 3-month period. Year-to-Date the stock performance stands at 66.99%. Franco-Nevada Corporation (NYSE:FNV): On Tuesdays trading session , Opening price of the stock was $78.03 with an intraday high of $78.34. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $76.29. However, the stock managed to close at $76.4, a loss of 1.76% for the day. On the previous day, the stock had closed at $77.77. The total traded volume of the day was 305,183 shares.

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.

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