Brokerages Set Fresnillo Plc (LON:FRES) Price Target at GBX 1,031.22
Fresnillo Plc (LON:FRES) has earned a consensus rating of “Buy” from the twelve research firms that are covering the company, MarketBeat Ratings reports. Seven analysts have rated the stock with a hold recommendation, three have given a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1 year price target among brokers that have covered the stock in the last year is GBX 982.33 ($12.84).
Several research analysts have weighed in on FRES shares. Goldman Sachs Group set a €11.00 ($12.79) target price on shares of Suedzucker and gave the stock a “neutral” rating in a research report on Wednesday, April 10th. Panmure Gordon started coverage on shares of Fresnillo in a research report on Tuesday, May 14th. They set a “hold” rating and a GBX 811 ($10.60) target price on the stock. UBS Group upped their target price on shares of Crowdstrike from $90.00 to $100.00 and gave the stock an “outperform” rating in a research report on Friday. They noted that the move was a valuation call. Morgan Stanley set a $196.00 target price on shares of Alibaba Group and gave the stock a “buy” rating in a research report on Tuesday, March 26th. Finally, Numis Securities restated a “buy” rating and set a GBX 1,800 ($23.52) target price on shares of in a research report on Monday, June 3rd.
Shares of Fresnillo stock traded down GBX 18.60 ($0.24) on Tuesday, reaching GBX 794.80 ($10.39). 3,545,840 shares of the stock were exchanged, compared to its average volume of 1,260,000. Fresnillo has a 1-year low of GBX 712.60 ($9.31) and a 1-year high of GBX 1,135 ($14.83). The company has a debt-to-equity ratio of 25.58, a current ratio of 8.11 and a quick ratio of 6.37. The stock’s fifty day simple moving average is GBX 847.21. The firm has a market capitalization of $5.86 billion and a price-to-earnings ratio of 16.73.
Fresnillo Plc mines, develops, and produces non-ferrous minerals in Mexico. It primarily explores for silver, gold, lead, and zinc concentrates. The company's operating mines include the Fresnillo, Saucito, Ciénega, Herradura, Soledad-Dipolos, Noche Buena, and San Julián; development projects comprise the Pyrites Plant, and second line of the DLP at Herradura; and advanced exploration projects consist of the Juanicipio, Las Casas, Cebollitas Cluster, Centauro Deep, Centauro Pit Expansion as part of Herradura, and Orisyvo.
Further Reading: Short Selling Stocks, A Beginner’s Guide
Receive News & Ratings for Fresnillo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fresnillo and related companies with MarketBeat.com's FREE daily email newsletter.