Franco-Nevada Co. (TSE:FNV - Free Report) NYSE: FNV - Stock analysts at National Bank Financial cut their Q4 2024 earnings per share estimates for Franco-Nevada in a report released on Monday, February 10th. National Bank Financial analyst S. Nagle now forecasts that the company will earn $1.27 per share for the quarter, down from their previous estimate of $1.34. The consensus estimate for Franco-Nevada's current full-year earnings is $3.11 per share.
Several other equities analysts have also commented on the company. UBS Group raised Franco-Nevada to a "strong-buy" rating in a report on Monday, November 18th. Stifel Nicolaus upped their target price on Franco-Nevada from C$200.00 to C$215.00 in a report on Monday, October 21st. CIBC boosted their price objective on Franco-Nevada from C$235.00 to C$245.00 in a research report on Monday, December 2nd. Finally, Canaccord Genuity Group reduced their price objective on Franco-Nevada from C$198.00 to C$190.00 and set a "strong-buy" rating for the company in a research report on Monday, November 18th. Two analysts have rated the stock with a hold rating, five have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average price target of C$190.80.
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Franco-Nevada Stock Down 4.0 %
Shares of TSE:FNV traded down C$8.12 during trading on Wednesday, hitting C$196.12. 211,906 shares of the company traded hands, compared to its average volume of 238,036. The stock has a market capitalization of C$26.61 billion, a price-to-earnings ratio of -42.35, a PEG ratio of 5.00 and a beta of 0.68. The business's fifty day moving average is C$182.50 and its 200-day moving average is C$175.07. Franco-Nevada has a one year low of C$140.67 and a one year high of C$206.32.
About Franco-Nevada
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Franco-Nevada Corporation operates as a gold-focused royalty and streaming company in South America, Central America, Mexico, the United States, Canada, and internationally. It operates through Mining and Energy segments. The company manages its portfolio with a focus on precious metals, such as gold, silver, and platinum group metals; and engages in the sale of crude oil, natural gas, and natural gas liquids through a third-party marketing agent.
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