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Franco-Nevada (FNV) Stock Forecast & Price Target

Franco-Nevada logo
C$160.51 -1.46 (-0.90%)
(As of 11/15/2024 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

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

C$189.80
18.25% Upside
According to the 9 analysts' twelve-month price targets for Franco-Nevada, the average price target is C$189.80. The highest price target for FNV is C$235.00, while the lowest price target for FNV is C$139.00. The average price target represents a forecasted upside of 18.25% from the current price of C$160.51.
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FNV Analyst Ratings Over Time

TypeCurrent Forecast
11/17/23 to 11/16/24
1 Month Ago
10/18/23 to 10/17/24
3 Months Ago
8/19/23 to 8/18/24
1 Year Ago
11/17/22 to 11/17/23
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)
6 Buy rating(s)
3 Buy rating(s)
Hold
3 Hold rating(s)
3 Hold rating(s)
3 Hold rating(s)
1 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetC$189.80C$190.90C$192.18C$212.01
Forecasted Upside18.25% Upside8.76% Upside15.31% Upside28.37% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy

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 Companies
Consensus Rating Score
2.67
2.76
Consensus RatingModerate BuyModerate Buy
News Sentiment Rating
Neutral News

See Recent FNV News
Neutral News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/8/2024CIBC
3 of 5 stars
 Lower TargetC$265.00 ➝ C$235.00+38.05%
10/21/2024Stifel Nicolaus
4 of 5 stars
 Boost TargetC$200.00 ➝ C$215.00+16.38%
8/15/2024TD Securities
4 of 5 stars
D. Ma
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UpgradeHold ➝ Buy
8/15/2024National Bankshares
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 Lower TargetC$200.00 ➝ C$195.00+18.90%
7/23/2024Canaccord Genuity Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetC$177.00 ➝ C$190.00+10.30%
7/16/2024BMO Capital Markets
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 Boost TargetOutperformC$200.00 ➝ C$210.00+17.80%
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5/3/2024Raymond James
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 Boost TargetOutperformC$150.00 ➝ C$151.00-9.90%
4/22/2024Eight Capital
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 Boost TargetBuyC$190.00 ➝ C$200.00+23.53%
4/12/2024Veritas Investment Research
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 Boost TargetC$149.00 ➝ C$173.00+5.14%
4/9/2024Bank of America
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 Boost TargetC$186.00 ➝ C$190.00+15.17%
3/7/2024Scotiabank
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 Lower TargetSector PerformC$141.00 ➝ C$139.00-8.62%
9/25/2023National Bank Financial
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 Lower TargetC$215.00 ➝ C$205.00+8.05%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 07:54 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, November 12, 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 a strong quick ratio of 23.26 and a current ratio of 29.11, indicating good liquidity and ability to meet short-term obligations.
  • Analysts have raised earnings estimates for Franco-Nevada Co., with a forecasted EPS of $1.25 for Q4 2024, showing potential growth in profitability.
  • Several research analysts have given Franco-Nevada Co. a "buy" rating, suggesting positive sentiment and confidence in the company's performance.
  • Despite recent reductions in EPS estimates, Franco-Nevada Co. has a history of outperforming consensus estimates, indicating resilience and potential for positive surprises.
  • Franco-Nevada Co. has a market cap of C$36.20 billion, reflecting its size and stability in the market.

Franco-Nevada
Bear Case

red Wall Street bear icon

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

  • Franco-Nevada Co. reported a negative return on equity of 9.32% and a negative net margin of 51.92%, indicating potential financial challenges and inefficiencies.
  • The stock price of Franco-Nevada Co. has experienced fluctuations, with recent trading down by C$0.40, suggesting volatility and uncertainty in the market.
  • Despite positive analyst ratings, Franco-Nevada Co. has a P/E ratio of -44.89, which may raise concerns about valuation and future growth prospects.
  • The company's debt-to-equity ratio of 1.63 is relatively high, indicating a higher level of debt compared to equity, which could pose risks in times of economic downturns.
  • While revenue figures have been strong, Franco-Nevada Co. has a P/E/G ratio of 5.00, signaling a potentially overvalued stock relative to its growth prospects.

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 C$189.80, with a high forecast of C$235.00 and a low forecast of C$139.00.

9 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 6 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 18.25% based on their 12-month stock forecasts.

Franco-Nevada has been rated by research analysts at CIBC, and Stifel Nicolaus 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 2.76. Learn more on how FNV compares to other companies.


This page (TSE:FNV) was last updated on 11/16/2024 by MarketBeat.com Staff
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