Franco-Nevada (TSE:FNV) PT Raised to C$200.00

Franco-Nevada (TSE:FNV) (NYSE:FNV) had its price target hoisted by equities researchers at Eight Capital from C$190.00 to C$200.00 in a research note issued to investors on Monday, BayStreet.CA reports. The firm presently has a “buy” rating on the stock. Eight Capital’s price target suggests a potential upside of 22.64% from the company’s previous close.

A number of other analysts have also issued reports on FNV. Stifel Nicolaus boosted their price target on shares of Franco-Nevada from C$182.00 to C$196.00 and gave the stock a “buy” rating in a research note on Friday, April 19th. Raymond James cut their price target on shares of Franco-Nevada from C$146.00 to C$138.00 and set an “outperform” rating on the stock in a research note on Thursday, March 7th. Bank of America upped their target price on shares of Franco-Nevada from C$186.00 to C$190.00 in a research note on Tuesday, April 9th. National Bankshares cut their target price on shares of Franco-Nevada from C$172.50 to C$170.00 and set a “sector perform” rating on the stock in a research note on Thursday, March 7th. Finally, Scotiabank cut their target price on shares of Franco-Nevada from C$141.00 to C$139.00 and set a “sector perform” rating on the stock in a research note on Thursday, March 7th. Three analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of C$187.50.

Franco-Nevada Stock Up 0.7 %

Shares of FNV opened at C$163.08 on Monday. The firm has a market cap of C$31.34 billion, a P/E ratio of -48.97, a price-to-earnings-growth ratio of 5.00 and a beta of 0.63. Franco-Nevada has a 12-month low of C$139.19 and a 12-month high of C$217.70. The company’s 50-day moving average price is C$155.54 and its 200 day moving average price is C$157.03. The company has a current ratio of 41.21, a quick ratio of 23.26 and a debt-to-equity ratio of 1.63.

Franco-Nevada (TSE:FNV) (NYSE:FNV) last issued its quarterly earnings data on Tuesday, March 5th. The company reported C$1.23 earnings per share (EPS) for the quarter, beating the consensus estimate of C$1.07 by C$0.16. The firm had revenue of C$412.95 million for the quarter. Franco-Nevada had a negative net margin of 38.33% and a negative return on equity of 7.65%. On average, sell-side analysts forecast that Franco-Nevada will post 4.2780116 earnings per share for the current year.

Insider Buying and Selling

In other Franco-Nevada news, Senior Officer Eaun Harrison Gray sold 330 shares of the stock in a transaction on Monday, March 25th. The stock was sold at an average price of C$156.69, for a total value of C$51,707.70. In other news, Director Paul Brink sold 2,315 shares of the firm’s stock in a transaction on Monday, March 25th. The stock was sold at an average price of C$157.33, for a total value of C$364,221.50. Also, Senior Officer Eaun Harrison Gray sold 330 shares of the firm’s stock in a transaction on Monday, March 25th. The shares were sold at an average price of C$156.69, for a total value of C$51,707.70. Insiders sold a total of 16,839 shares of company stock valued at $2,686,396 over the last three months. 0.69% of the stock is currently owned by company insiders.

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.