Franco-Nevada (TSE:FNV – Get Free Report) (NYSE:FNV) had its target price decreased by stock analysts at Raymond James from C$163.00 to C$162.00 in a research note issued to investors on Tuesday, BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. Raymond James’ price objective would suggest a potential upside of 1.25% from the company’s previous close.
Other analysts also recently issued reports about the company. Canaccord Genuity Group decreased their price target on Franco-Nevada from C$205.00 to C$185.00 and set a “hold” rating for the company in a report on Tuesday. Veritas Investment Research decreased their target price on Franco-Nevada from C$201.70 to C$197.10 in a research note on Thursday, August 10th. BMO Capital Markets dropped their price target on shares of Franco-Nevada from C$222.00 to C$219.00 and set an “outperform” rating on the stock in a research note on Friday, November 10th. Stifel Nicolaus boosted their price objective on shares of Franco-Nevada from C$215.00 to C$218.00 and gave the stock a “buy” rating in a research report on Friday, October 20th. Finally, National Bankshares dropped their target price on shares of Franco-Nevada from C$210.00 to C$205.00 and set a “sector perform” rating on the stock in a research report on Friday, November 10th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of C$207.91.
Franco-Nevada Stock Down 1.1 %
Franco-Nevada Company Profile
Franco-Nevada Corporation operates as a gold-focused royalty and streaming company in Latin America, 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.
- Five stocks we like better than Franco-Nevada
- Business Services Stocks Investing
- Microsoft’s dynamic move: Shares surge as new AI unit established
- What Does Downgrade Mean in Investing?
- Wynn Resorts has an ace up its sleeve
- How to Invest in Renewable Energy
- Zoom Video Communications: A tech phoenix ready to rise
Receive News & Ratings for Franco-Nevada Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Franco-Nevada and related companies with MarketBeat.com's FREE daily email newsletter.