Franco-Nevada Co. (TSE:FNV) Receives C$194.10 Average Target Price from Analysts

Franco-Nevada Co. (TSE:FNV) (NYSE:FNV) has been given an average rating of “Buy” by the eight research firms that are currently covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a hold rating, four have issued a buy rating and two have given a strong buy rating to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is C$194.56.

FNV has been the topic of a number of recent research reports. National Bankshares decreased their price objective on Franco-Nevada from C$220.00 to C$215.00 in a research report on Tuesday, March 11th. TD Securities lowered Franco-Nevada from a “buy” rating to a “hold” rating and set a C$152.00 target price for the company. in a research report on Tuesday, March 11th.

Franco-Nevada Stock Up 3.8 %

Franco-Nevada stock opened at C$212.02 on Friday. Franco-Nevada has a 52-week low of C$156.31 and a 52-week high of C$228.00. The company has a market cap of C$28.77 billion, a price-to-earnings ratio of -45.79, a PEG ratio of 5.00 and a beta of 0.68. The firm’s fifty day moving average is C$209.67 and its 200 day moving average is C$186.90.

Insider Buying and Selling at Franco-Nevada

In related news, Senior Officer Christopher Bell sold 731 shares of the firm’s stock in a transaction dated Tuesday, March 25th. The stock was sold at an average price of C$224.94, for a total transaction of C$164,432.82. Also, Senior Officer Sandip Rana sold 5,675 shares of the business’s stock in a transaction dated Thursday, March 20th. The stock was sold at an average price of C$223.86, for a total transaction of C$1,270,422.53. In the last quarter, insiders have sold 16,054 shares of company stock valued at $3,563,292. Company insiders own 0.69% of the company’s stock.

Franco-Nevada Company Profile

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.