Franco-Nevada (FNV) Stock Forecast & Price Target

$125.51

-3.25 (-2.52%)

(As of 09/27/2024 08:50 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

Moderate Buy

Based on 9 Analyst Ratings

Sell
0

Hold
3

Buy
6

Based on 9 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 9 analysts, 3 have given a hold rating, and 6 have given a buy rating for FNV.

Consensus Price Target

$152.75
21.70% Upside

According to the 9 analysts' twelve-month price targets for Franco-Nevada, the average price target is $152.75. The highest price target for FNV is $214.00, while the lowest price target for FNV is $125.00. The average price target represents a forecasted upside of 21.70% from the current price of $125.51.

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FNV Analyst Ratings Over Time

Type	Current Forecast 10/1/23 to 9/30/24	1 Month Ago 9/1/23 to 8/31/24	3 Months Ago 7/3/23 to 7/2/24	1 Year Ago 10/1/22 to 10/1/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	6 Buy rating(s)	6 Buy rating(s)	5 Buy rating(s)	4 Buy rating(s)
Hold	3 Hold rating(s)	3 Hold rating(s)	5 Hold rating(s)	1 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$152.75	$152.75	$149.30	$161.20
Forecasted Upside	21.70% Upside	25.05% Upside	25.15% Upside	20.76% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

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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	2.67	2.73	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Hold
Predicted Upside	21.70% Upside	198.17% Upside	6.16% Upside
News Sentiment Rating	Positive News See Recent FNV News	Neutral 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
8/19/2024	Scotiabank 5 of 5 stars		Boost Target	Sector Perform ➝ Sector Perform	$141.00 ➝ $142.00	+15.35%
8/16/2024	HC Wainwright 2 of 5 stars		Reiterated Rating	Buy ➝ Buy	$185.00 ➝ $185.00	+54.27%
8/15/2024	TD Securities 4 of 5 stars	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
7/12/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold ➝ Hold	$129.00 ➝ $133.00	+3.87%
6/26/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$141.00 ➝ $142.00	+20.92%
Get the Latest News and Ratings for FNV and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Franco-Nevada and its competitors with MarketBeat's FREE daily newsletter.
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 Monday at 01:33 AM 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 Tuesday, September 24, 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 positive return on equity of 10.56%, indicating efficient use of shareholder funds to generate profits.
Analysts have given Franco-Nevada Co. a consensus rating of "Moderate Buy" with an average price target of $152.75, suggesting potential for stock price appreciation.
The company operates as a gold-focused royalty and streaming company, providing exposure to the precious metals sector which can act as a hedge against economic uncertainties.
Despite recent fluctuations, Franco-Nevada Co. has a 52-week high of $145.74, showing potential for capital gains if the stock price rebounds.
With a dividend yield of 1.14%, Franco-Nevada Co. offers investors a source of passive income through regular dividend payments.

Franco-Nevada
Bear Case

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

Franco-Nevada Co. reported a negative net margin of 51.64%, indicating lower profitability and potential financial challenges.
The company's P/E ratio of -49.79 may raise concerns about the stock being overvalued or facing market skepticism.
Revenue for Franco-Nevada Co. was down 21.2% compared to the same quarter last year, signaling a decline in business performance.
The stock has a beta of 0.76, suggesting lower volatility compared to the market average, which may limit potential returns for risk-seeking investors.
Despite a 52-week high of $145.74, Franco-Nevada Co.'s stock price traded at $117.88 on the latest trading day, indicating recent downward price pressure.

FNV Forecast - Frequently Asked Questions

: According to the research reports of 9 Wall Street equities research analysts, the average twelve-month stock price forecast for Franco-Nevada is $152.75, with a high forecast of $214.00 and a low forecast of $125.00.
: 9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Franco-Nevada in the last year. There are currently 3 hold ratings and 6 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 21.70% based on their 12-month stock forecasts.
: Over the previous 90 days, Franco-Nevada's stock had 2 upgrades by analysts.
: Franco-Nevada has been rated by research analysts at HC Wainwright, Jefferies Financial Group, Scotiabank, TD Cowen, and TD Securities in the past 90 days.
: Analysts like Franco-Nevada less than other "basic materials" companies. The consensus rating score for Franco-Nevada is 2.67 while the average consensus rating score for "basic materials" companies is 2.73. Learn more on how FNV compares to other companies.

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This page (NYSE:FNV) was last updated on 9/30/2024 by MarketBeat.com Staff

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