The Franco Nevada Corp (FNV) Stock Rating Reaffirmed by Clarkson Capital

The Franco Nevada Corp (FNV) Stock Rating Reaffirmed by Clarkson Capital

A number of other brokerages have also issued reports on FNV. Scotiabank raised their target price on Franco Nevada Corp to C$99.00 and gave the stock a “sector perform” rating in a research note on Thursday, May 11th. Goldman Sachs Group Inc upgraded Franco Nevada Corp from a “sell” rating to a “neutral” rating in a research note on Thursday, February 9th. Barclays PLC reduced their target price on Franco Nevada Corp from C$68.00 to C$65.00 in a research note on Tuesday, January 10th. CIBC reduced their target price on Franco Nevada Corp from C$105.00 to C$95.00 in a research note on Thursday, May 11th. Finally, TD Securities upgraded Franco Nevada Corp from a “hold” rating to a “buy” rating and raised their target price for the stock from C$71.00 to C$83.00 in a research note on Monday, March 27th. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of C$94.57.

Franco Nevada Corp (TSE:FNV) (NYSE:FNV)‘s stock had its “neutral” rating reaffirmed by equities research analysts at Clarkson Capital in a note issued to investors on Wednesday, May 10th.

Franco Nevada Corp (TSE FNV) opened at 100.90 on Wednesday. The stock has a market cap of $18.24 billion and a PE ratio of 132.59. Franco Nevada Corp has a 52 week low of $71.44 and a 52 week high of $105.69. The firm’s 50-day moving average price is $95.10 and its 200-day moving average price is $86.18.

In other news, Director David Harquail sold 47,594 shares of the firm’s stock in a transaction dated Wednesday, May 31st. The stock was sold at an average price of C$100.72, for a total transaction of C$4,793,667.68. Also, insider Paul Brink sold 18,750 shares of the firm’s stock in a transaction dated Friday, May 12th. The shares were sold at an average price of C$96.78, for a total value of C$1,814,625.00. Insiders have sold a total of 194,997 shares of company stock valued at $19,200,973 in the last quarter. Franco Nevada Corp Company Profile

Franco-Nevada Corporation (Franco-Nevada) is a gold-focused royalty and stream company. The Company has interests in silver, platinum group metals, oil and gas and other resource assets. The Company is engaged in resource sector royalty/stream acquisitions and management activities. It has a portfolio of properties in the United States, Canada, Mexico, Peru, Chile and Africa.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “TSX:FNV”, “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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