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

Franco-Nevada (TSE:FNV – Get Rating) (NYSE:FNV) had its target price lifted by National Bankshares from C$190.00 to C$200.00 in a research report issued to clients and investors on Friday, BayStreet.CA reports. The brokerage currently has a “sector perform” rating on the stock. National Bankshares’ price target points to a potential upside of 1.79% from the company’s previous close.

Other analysts have also recently issued reports about the company. Canaccord Genuity Group reduced their price objective on Franco-Nevada from C$202.00 to C$195.00 in a research note on Thursday, October 20th. Barclays cut their price target on Franco-Nevada to C$111.00 in a research note on Monday, October 17th. Eight Capital cut their price target on Franco-Nevada from C$230.00 to C$225.00 in a research note on Wednesday, October 26th. Finally, BMO Capital Markets raised their price target on Franco-Nevada from C$224.00 to C$247.00 in a research note on Tuesday, November 8th. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, Franco-Nevada presently has a consensus rating of “Moderate Buy” and an average target price of C$195.25.

Franco-Nevada Trading Down 0.2 %

Shares of Franco-Nevada stock opened at C$196.48 on Friday. The firm has a market capitalization of C$37.66 billion and a price-to-earnings ratio of 36.52. Franco-Nevada has a fifty-two week low of C$151.08 and a fifty-two week high of C$216.32. The company has a debt-to-equity ratio of 1.63, a quick ratio of 23.26 and a current ratio of 24.34. The stock has a 50 day moving average of C$188.62 and a 200 day moving average of C$173.14.

Franco-Nevada (TSE:FNV – Get Rating) (NYSE:FNV) last released its quarterly earnings results on Monday, November 7th. The company reported C$1.08 EPS for the quarter, missing analysts’ consensus estimates of C$1.12 by C($0.04). The business had revenue of C$396.93 million during the quarter. As a group, research analysts predict that Franco-Nevada will post 5.0300002 earnings per share for the current year.

Insider Activity at Franco-Nevada

In related news, Senior Officer Paul Brink sold 5,932 shares of the firm’s stock in a transaction dated Tuesday, December 6th. The shares were sold at an average price of C$193.66, for a total value of C$1,148,791.12. Following the completion of the sale, the insider now owns 221,831 shares in the company, valued at C$42,959,791.46. In other news, Senior Officer Paul Brink sold 5,932 shares of Franco-Nevada stock in a transaction that occurred on Tuesday, December 6th. The shares were sold at an average price of C$193.66, for a total transaction of C$1,148,791.12. Following the completion of the sale, the insider now directly owns 221,831 shares in the company, valued at approximately C$42,959,791.46. Also, Director David Harquail sold 12,500 shares of Franco-Nevada stock in a transaction that occurred on Thursday, December 8th. The shares were sold at an average price of C$195.00, for a total transaction of C$2,437,500.00. Following the sale, the director now owns 163,364 shares of the company’s stock, valued at C$31,855,980. Insiders sold a total of 38,432 shares of company stock worth $7,401,205 over the last 90 days.

About Franco-Nevada

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Franco-Nevada Corporation operates as a gold-focused royalty and streaming company in Latin America, the United States, Canada, and internationally. It operates in two segments, Mining and Energy. The company manages its portfolio with a focus on precious metals, such as gold, silver, and platinum group metals; and energy comprising oil, gas, and natural gas liquids.