Franco-Nevada Co. (TSE:FNV) Given Average Rating of "Buy" by Brokerages

Shares of Franco-Nevada Co. (TSE:FNV - Get Free Report) NYSE: FNV have received an average recommendation of "Buy" from the nine analysts that are covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and two have issued a strong buy rating on the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is C$190.80.

Several research firms have recently commented on FNV. UBS Group raised Franco-Nevada to a "strong-buy" rating in a research note on Monday, November 18th. CIBC raised their target price on shares of Franco-Nevada from C$235.00 to C$245.00 in a research note on Monday, December 2nd. Stifel Nicolaus upped their price target on shares of Franco-Nevada from C$200.00 to C$215.00 in a research report on Monday, October 21st. Finally, Canaccord Genuity Group decreased their price objective on shares of Franco-Nevada from C$198.00 to C$190.00 and set a "strong-buy" rating on the stock in a research report on Monday, November 18th.

Franco-Nevada Trading Down 4.0 %

Franco-Nevada stock traded down C$8.12 during trading on Thursday, reaching C$196.12. The company had a trading volume of 211,906 shares, compared to its average volume of 238,036. The firm's 50-day simple moving average is C$182.50 and its 200 day simple moving average is C$175.08. Franco-Nevada has a 52 week low of C$140.67 and a 52 week high of C$206.32. The firm has a market capitalization of C$26.61 billion, a price-to-earnings ratio of -42.35, a price-to-earnings-growth ratio of 5.00 and a beta of 0.68.

Franco-Nevada Company Profile

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.