Insider Selling: Franco-Nevada Co. (TSE:FNV) Senior Officer Sells 1,700 Shares of Stock

Franco-Nevada Co. (TSE:FNV - Get Free Report) NYSE: FNV Senior Officer Lena Miller sold 1,700 shares of Franco-Nevada stock in a transaction that occurred on Wednesday, March 12th. The stock was sold at an average price of C$210.37, for a total value of C$357,620.50.

Franco-Nevada Price Performance

TSE FNV traded up C$0.04 during trading on Monday, reaching C$220.30. 322,147 shares of the company's stock traded hands, compared to its average volume of 276,331. Franco-Nevada Co. has a 12-month low of C$154.18 and a 12-month high of C$223.14. The firm has a market cap of C$29.89 billion, a price-to-earnings ratio of -47.58, a price-to-earnings-growth ratio of 5.00 and a beta of 0.68. The company's 50 day simple moving average is C$196.24 and its two-hundred day simple moving average is C$179.67.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on FNV. TD Securities downgraded shares of Franco-Nevada from a "buy" rating to a "hold" rating and set a C$152.00 target price on the stock. in a research note on Tuesday, March 11th. CIBC raised their price objective on shares of Franco-Nevada from C$235.00 to C$245.00 in a research note on Monday, December 2nd. National Bankshares dropped their price objective on Franco-Nevada from C$220.00 to C$215.00 in a report on Tuesday, March 11th. UBS Group upgraded Franco-Nevada to a "strong-buy" rating in a research note on Monday, November 18th. Finally, 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. Two equities research analysts have rated the stock with a hold rating, four have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, Franco-Nevada presently has a consensus rating of "Buy" and an average price target of C$194.10.

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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.