Analysts Set Franco-Nevada Co. (TSE:FNV) Price Target at C$194.10

Shares of Franco-Nevada Co. (TSE:FNV - Get Free Report) NYSE: FNV have earned an average recommendation of "Buy" from the eight brokerages that are currently covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a hold recommendation, four have issued a buy recommendation and two have issued a strong buy recommendation on the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is C$194.56.

Several equities analysts recently commented on FNV shares. National Bankshares reduced their price target on Franco-Nevada from C$220.00 to C$215.00 in a research report on Tuesday, March 11th. TD Securities downgraded shares of Franco-Nevada from a "buy" rating to a "hold" rating and set a C$152.00 target price for the company. in a research note on Tuesday, March 11th.

Franco-Nevada Stock Up 3.1 %

Shares of FNV stock traded up C$6.60 during mid-day trading on Friday, reaching C$218.62. The company's stock had a trading volume of 118,243 shares, compared to its average volume of 307,728. The company's 50 day simple moving average is C$209.67 and its 200-day simple moving average is C$186.90. Franco-Nevada has a 12-month low of C$156.31 and a 12-month high of C$228.00. The firm has a market capitalization of C$29.67 billion, a PE ratio of -47.21, a price-to-earnings-growth ratio of 5.00 and a beta of 0.68.

Insider Activity at Franco-Nevada

In other news, Senior Officer Lena Miller sold 1,700 shares of Franco-Nevada stock in a transaction on Wednesday, March 12th. The stock was sold at an average price of C$210.37, for a total transaction of C$357,620.50. Also, Senior Officer Christopher Bell sold 731 shares of the business's stock in a transaction on Tuesday, March 25th. The stock was sold at an average price of C$224.94, for a total value of C$164,432.82. Insiders sold 16,054 shares of company stock worth $3,563,292 in the last 90 days. Corporate insiders own 0.69% of the company's stock.

About Franco-Nevada

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.