Franco-Nevada (FNV) Stock Forecast & Price Target

$122.55 +1.98 (+1.64%)

(As of 11/26/2024 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

Moderate Buy

Based on 10 Analyst Ratings

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
21.47% 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 21.47% from the current price of $122.55.

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FNV Analyst Ratings Over Time

Type	Current Forecast 11/27/23 to 11/26/24	1 Month Ago 10/28/23 to 10/27/24	3 Months Ago 8/29/23 to 8/28/24	1 Year Ago 11/27/22 to 11/27/23
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 Upside	21.47% Upside	12.63% Upside	24.82% Upside	37.83% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Hold

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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.

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.

Franco-Nevada Stock vs. The Competition

Type	Franco-Nevada	Basic Materials Companies	S&P 500
Consensus Rating Score	2.70	2.76	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	23.01% Upside	127.31% Upside	6.96% Upside
News Sentiment Rating	Positive News See Recent FNV News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
11/18/2024	UBS Group 4 of 5 stars	D. Major Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy	$160.00	+37.12%
11/18/2024	Canaccord Genuity Group 1 of 5 stars		Upgrade	Hold ➝ Buy
11/8/2024	Scotiabank 5 of 5 stars		Lower Target	Sector Perform ➝ Sector Perform	$142.00 ➝ $141.00	+11.58%
11/8/2024	HC Wainwright Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$185.00 ➝ $200.00	+58.27%
10/17/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Hold	$137.00 ➝ $136.00	+7.15%
10/1/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Neutral	$142.00 ➝ $139.00	+11.87%
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8/15/2024	TD Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating	D. Ma Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Buy
8/15/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy
4/11/2024	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$138.00 ➝ $141.00	+15.63%
11/21/2023	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$219.00 ➝ $214.00	+82.83%
11/1/2023	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Sector Perform ➝ Sector Perform	$155.00 ➝ $140.00	+17.63%
8/18/2023	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy
8/17/2023	CSFB Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral	$157.00 ➝ $150.00	+9.96%
7/7/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$127.00 ➝ $126.00	-8.31%
2/7/2023	CIBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$230.00 ➝ C$240.00
1/13/2023	National Bank Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	S. Nagle Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		C$190.00 ➝ C$200.00

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 06:37 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 Wednesday, November 20, 2024. Please send any questions or comments about these Franco-Nevada pros and cons to contact@marketbeat.com.

Franco-Nevada
Bull Case

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

Franco-Nevada Co. has a strong market capitalization of approximately $25.41 billion, indicating a robust financial position and stability in the market.
The stock is currently trading at $132.01, which is near its 52-week high of $137.60, suggesting positive market sentiment and potential for further growth.
Institutional investors own 77.06% of the stock, which often indicates confidence in the company's long-term prospects and stability.
Franco-Nevada Co. reported a positive return on equity of 10.56%, demonstrating effective management and profitability relative to shareholder equity.
Despite a recent earnings miss, the company generated $260.10 million in revenue, showcasing its ability to maintain significant sales even in challenging market conditions.

Franco-Nevada
Bear Case

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

The company reported a negative net margin of 51.64%, indicating that it is currently spending more than it earns, which could raise concerns about profitability.
Franco-Nevada Co. missed earnings expectations by $0.03, which may signal potential issues in meeting future financial targets.
Recent stock performance shows volatility, with a trading volume of 366,154 shares compared to an average of 650,135, suggesting fluctuating investor interest.
There has been a significant reduction in holdings by institutional investors like Cortland Associates Inc., which sold 135,572 shares, potentially indicating a lack of confidence in the stock's future performance.
The company's price-to-earnings (P/E) ratio is negative at -43.45, which can be a red flag for investors as it suggests that the company is not currently generating profits relative to its share price.

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 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 analysts is that investors should "moderate buy" FNV shares.
: According to analysts, Franco-Nevada's stock has a predicted upside of 21.47% 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.

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This page (NYSE:FNV) was last updated on 11/26/2024 by MarketBeat.com Staff

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Franco-Nevada (FNV) Stock Forecast & Price Target