Franco-Nevada Corporation (FNV) : 10 analysts are covering Franco-Nevada Corporation (FNV) and their average rating on the stock is 2.4, which is read as a Buy. 3 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 (FNV) also receives 2 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 2, which recommends a Buy 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 4 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Franco-Nevada Corporation (FNV) : The highest short term price target forecast on Franco-Nevada Corporation (FNV) is $91 and the lowest target price is $59. A total of 10 equity analysts are currently covering the company. The average price of all the analysts is $76.8 with a standard deviation of $10.61.
Company shares have received an average consensus rating of Hold for the current week Also, Equity Analysts at the Brokerage Firm, Barclays, maintains their rating on the shares of Franco-Nevada Corporation (NYSE:FNV). Barclays has a Equal-weight rating on the shares. As per the latest research report, the brokerage house raises the price target to $75 per share from a prior target of $65. The rating by the firm was issued on August 8, 2016.
Franco-Nevada Corporation (NYSE:FNV): stock was range-bound between the intraday low of $74.91 and the intraday high of $76.79 after having opened at $76.24 on Wednesdays session. The stock finally closed in the red at $76.24, a loss of -0.18%. The stock remained in the red for the whole trading day. The total traded volume was 661,500 shares. The stock failed to cross $76.79 in Wednesdays trading. The stocks closing price on Thursday was $76.19.
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.