Franco Nevada (FNV) Earns Neutral Rating from CSFB
Franco Nevada (TSE:FNV) (NYSE:FNV)‘s stock had its “neutral” rating reiterated by investment analysts at CSFB in a research report issued on Wednesday.
Several other analysts have also commented on FNV. National Bank Financial cut their target price on shares of Franco Nevada from C$107.50 to C$102.50 in a research note on Saturday, July 14th. Canaccord Genuity cut their price target on shares of Franco Nevada from C$122.00 to C$115.00 in a report on Tuesday, July 24th. One analyst has rated the stock with a sell rating, four have issued a hold rating and three have given a buy rating to the company’s stock. Franco Nevada currently has an average rating of “Hold” and an average price target of C$115.50.
Shares of TSE:FNV traded up C$0.88 during trading on Wednesday, reaching C$80.80. The company had a trading volume of 441,192 shares, compared to its average volume of 454,106. Franco Nevada has a twelve month low of C$76.53 and a twelve month high of C$110.18.
In other news, Director Jeffery Jenkins sold 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 12th. The shares were sold at an average price of C$62.52, for a total transaction of C$312,600.00.
About Franco Nevada
Franco-Nevada Corporation operates as a gold-focused royalty and stream company in the United States, Canada, Mexico, Peru, Chile, Australia, and Africa. The company also holds interests in silver, platinum group metals, oil and gas, and other resource assets. As of December 31, 2017, it had a portfolio of 341 assets.
Featured Article: Understanding Compound Annual Growth Rate (CAGR)
Receive News & Ratings for Franco Nevada Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Franco Nevada and related companies with MarketBeat.com's FREE daily email newsletter.