Franco-Nevada Co. (TSE:FNV - Get Free Report) NYSE: FNV reached a new 52-week high on Tuesday . The stock traded as high as C$213.00 and last traded at C$209.88, with a volume of 185373 shares changing hands. The stock had previously closed at C$207.23.
Analyst Ratings Changes
A number of equities research analysts recently issued reports on the company. CIBC boosted their price objective on Franco-Nevada from C$235.00 to C$245.00 in a report on Monday, December 2nd. UBS Group raised shares of Franco-Nevada to a "strong-buy" rating in a report on Monday, November 18th. Canaccord Genuity Group lowered their target price on shares of Franco-Nevada from C$198.00 to C$190.00 and set a "strong-buy" rating for the company in a research note on Monday, November 18th. National Bankshares dropped their price target on Franco-Nevada from C$220.00 to C$215.00 in a research note on Tuesday. Finally, TD Securities lowered shares of Franco-Nevada from a "buy" rating to a "hold" rating and set a C$152.00 price target on the stock. in a report on Tuesday. Two analysts have rated the stock with a hold rating, four have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus price target of C$194.10.
Read Our Latest Report on Franco-Nevada
Franco-Nevada Stock Performance
The business has a fifty day simple moving average of C$192.84 and a 200 day simple moving average of C$178.38. The company has a market cap of C$28.51 billion, a P/E ratio of -45.37, a P/E/G ratio of 5.00 and a beta of 0.68.
Franco-Nevada Company Profile
(
Get Free Report)
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Franco-Nevada, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Franco-Nevada wasn't on the list.
While Franco-Nevada currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
