Fresnillo Plc (FRES) Receives Consensus Recommendation of “Hold” from Brokerages

Fresnillo Plc (FRES) Receives Consensus Recommendation of “Hold” from Brokerages

Several research analysts recently issued reports on the company. Macquarie reaffirmed a “neutral” rating and set a GBX 1,300 ($16.70) target price on shares of Fresnillo Plc in a research report on Monday, February 6th. BNP Paribas assumed coverage on Fresnillo Plc in a research report on Thursday, May 18th. They set a “neutral” rating and a GBX 1,500 ($19.27) target price on the stock. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a GBX 1,650 ($21.19) target price on shares of Fresnillo Plc in a research report on Thursday, April 27th. Goldman Sachs Group Inc lifted their target price on Fresnillo Plc from GBX 1,050 ($13.49) to GBX 1,100 ($14.13) and gave the company a “sell” rating in a research report on Monday, April 24th. Finally, Deutsche Bank AG cut their target price on Fresnillo Plc from GBX 1,320 ($16.96) to GBX 1,150 ($14.77) and set a “hold” rating on the stock in a research report on Wednesday, March 1st.

Fresnillo Plc (LON:FRES) has received a consensus rating of “Hold” from the eleven research firms that are presently covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a sell recommendation, seven have issued a hold recommendation and two have assigned a buy recommendation to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is GBX 1,434.50 ($18.43).

Shares of Fresnillo Plc (LON FRES) opened at 1563.00 on Tuesday. Fresnillo Plc has a 12-month low of GBX 993.50 and a 12-month high of GBX 2,057.21. The firm’s market cap is GBX 11.52 billion. The stock has a 50 day moving average price of GBX 1,527.15 and a 200 day moving average price of GBX 1,417.74.

Fresnillo Plc Company Profile

Fresnillo plc is a holding company. Through its subsidiaries, the Company is engaged in the mining and beneficiation of non-ferrous minerals, and the sale of related production. The primary contents of this production include silver, gold, lead and zinc. The Company has six operating mines: Fresnillo, located in the State of Zacatecas, which is primary silver mine; Saucito, located in the State of Zacatecas, an underground silver mine; Cienega, located in the State of Durango, an underground gold mine, including the San Ramon satellite mine; Herradura, located in the State of Sonora, a surface gold mine; Soledad-Dipolos mine, located in the State of Sonora, a surface gold mine, and Noche Buena, located in State of Sonora, a surface gold mine.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “LSE:FRES”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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