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Franco-Nevada (FNV) Stock Forecast & Price Target

Franco-Nevada logo
$122.19 +0.74 (+0.61%)
(As of 02:20 PM ET)

Franco-Nevada - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
3
Buy
7

Based on 10 Wall Street analysts who have issued ratings for Franco-Nevada in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 10 analysts, 3 have given a hold rating, and 7 have given a buy rating for FNV.

Consensus Price Target

$148.86
21.82% Upside
According to the 10 analysts' twelve-month price targets for Franco-Nevada, the average price target is $148.86. The highest price target for FNV is $200.00, while the lowest price target for FNV is $125.00. The average price target represents a forecasted upside of 21.82% from the current price of $122.19.
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FNV Analyst Ratings Over Time

TypeCurrent Forecast
11/22/23 to 11/21/24
1 Month Ago
10/23/23 to 10/22/24
3 Months Ago
8/24/23 to 8/23/24
1 Year Ago
11/22/22 to 11/22/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
7 Buy rating(s)
5 Buy rating(s)
6 Buy rating(s)
4 Buy rating(s)
Hold
3 Hold rating(s)
4 Hold rating(s)
3 Hold rating(s)
3 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$148.86$152.75$152.75$160.71
Forecasted Upside21.82% Upside12.36% Upside23.64% Upside35.51% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Hold

FNV Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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FNV Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Franco-Nevada Stock vs. The Competition

TypeFranco-NevadaBasic Materials CompaniesS&P 500
Consensus Rating Score
2.70
2.76
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside22.53% Upside123.27% Upside9.83% Upside
News Sentiment Rating
Positive News

See Recent FNV News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/18/2024UBS Group
4 of 5 stars
D. Major
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Initiated CoverageBuy$160.00+37.12%
11/18/2024Canaccord Genuity Group
1 of 5 stars
 UpgradeHold ➝ Buy
11/8/2024Scotiabank
5 of 5 stars
 Lower TargetSector Perform ➝ Sector Perform$142.00 ➝ $141.00+11.58%
11/8/2024HC Wainwright
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 Boost TargetBuy ➝ Buy$185.00 ➝ $200.00+58.27%
10/17/2024Jefferies Financial Group
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 Lower TargetHold$137.00 ➝ $136.00+7.15%
10/1/2024Bank of America
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 DowngradeBuy ➝ Neutral$142.00 ➝ $139.00+11.87%
8/15/2024TD Securities
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D. Ma
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UpgradeHold ➝ Buy
8/15/2024TD Cowen
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 UpgradeHold ➝ Buy
4/11/2024Raymond James
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 Boost TargetOutperform ➝ Outperform$138.00 ➝ $141.00+15.63%
11/21/2023BMO Capital Markets
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 Lower TargetOutperform ➝ Outperform$219.00 ➝ $214.00+82.83%
11/1/2023Royal Bank of Canada
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 Lower TargetSector Perform ➝ Sector Perform$155.00 ➝ $140.00+17.63%
8/18/2023Stifel Nicolaus
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 UpgradeHold ➝ Buy
8/17/2023CSFB
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 Lower TargetNeutral$157.00 ➝ $150.00+9.96%
7/7/2023Barclays
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 Lower Target$127.00 ➝ $126.00-8.31%
2/7/2023CIBC
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 Boost TargetC$230.00 ➝ C$240.00
1/13/2023National Bank Financial
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S. Nagle
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Boost TargetC$190.00 ➝ C$200.00

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 02:41 PM ET.


Should I Buy Franco-Nevada Stock? FNV Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, November 8, 2024. Please send any questions or comments about these Franco-Nevada pros and cons to contact@marketbeat.com.

Franco-Nevada
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Franco-Nevada Co.:

  • Franco-Nevada Co. has shown consistent positive return on equity, indicating efficient use of shareholder funds to generate profits.
  • The company has a history of paying dividends, providing investors with a steady income stream. As of the recent dividend announcement, the annualized dividend yield is 1.19%.
  • Analysts have given Franco-Nevada Co. a "Moderate Buy" rating with a consensus target price of $152.88, suggesting potential for stock price appreciation.
  • Despite a negative net margin, the company's earnings per share (EPS) have been relatively stable, with analysts predicting 3.23 EPS for the current fiscal year.
  • With a 52-week low of $102.29 and a 52-week high of $142.60, Franco-Nevada Co. has shown resilience in its stock price performance.

Franco-Nevada
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Franco-Nevada Co. for these reasons:

  • The company's revenue for the recent quarter was down 21.2% year-over-year, indicating a decline in top-line growth.
  • Despite positive analyst ratings, there have been fluctuations in the stock price, which may introduce volatility for investors.
  • Franco-Nevada Co.'s dividend payout ratio is currently -57.83%, which may raise concerns about the sustainability of dividend payments.
  • The company's 50-day moving average price of $123.15 is below the 200-day moving average price of $122.42, potentially signaling short-term price weakness.
  • While the company has a diverse geographic presence, operating in various regions, geopolitical risks in these areas could impact operations and financial performance.

FNV Forecast - Frequently Asked Questions

According to the research reports of 10 Wall Street equities research analysts, the average twelve-month stock price forecast for Franco-Nevada is $148.86, with a high forecast of $200.00 and a low forecast of $125.00.

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Franco-Nevada in the last twelve months. There are currently 3 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" FNV shares.

According to analysts, Franco-Nevada's stock has a predicted upside of 21.82% based on their 12-month stock forecasts.

Over the previous 90 days, Franco-Nevada's stock had 2 upgrades and 1 downgrade by analysts.

Franco-Nevada has been rated by research analysts at Bank of America, Canaccord Genuity Group, Canaccord Genuity Group, HC Wainwright, Jefferies Financial Group, Scotiabank, and UBS Group in the past 90 days.

Analysts like Franco-Nevada less than other "basic materials" companies. The consensus rating score for Franco-Nevada is 2.70 while the average consensus rating score for "basic materials" companies is 2.76. Learn more on how FNV compares to other companies.


This page (NYSE:FNV) was last updated on 11/21/2024 by MarketBeat.com Staff
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