Franco-Nevada (TSE:FNV) Price Target Raised to C$195.00 at National Bankshares

Franco-Nevada (TSE:FNV) (NYSE:FNV) had its price target lifted by analysts at National Bankshares from C$190.00 to C$195.00 in a note issued to investors on Friday, BayStreet.CA reports. The brokerage currently has a “sector perform” rating on the stock. National Bankshares’ price objective would indicate a potential upside of 15.68% from the stock’s current price.

Several other research firms have also commented on FNV. Raymond James reduced 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 report on Thursday, March 7th. Canaccord Genuity Group increased their price target on Franco-Nevada from C$168.00 to C$177.00 in a report on Tuesday, April 23rd. Scotiabank cut their price objective on Franco-Nevada from C$141.00 to C$139.00 and set a “sector perform” rating for the company in a research report on Thursday, March 7th. Veritas Investment Research upped their target price on shares of Franco-Nevada from C$149.00 to C$173.00 in a research report on Friday, April 12th. Finally, Bank of America increased their target price on shares of Franco-Nevada from C$186.00 to C$190.00 in a research note on Tuesday, April 9th. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of C$191.50.

Franco-Nevada Stock Up 1.9 %

TSE FNV opened at C$168.57 on Friday. The business’s fifty day simple moving average is C$158.87 and its 200-day simple moving average is C$156.39. The company has a quick ratio of 23.26, a current ratio of 29.40 and a debt-to-equity ratio of 1.63. The firm has a market cap of C$32.42 billion, a PE ratio of -49.00, a P/E/G ratio of 5.00 and a beta of 0.63. Franco-Nevada has a 52 week low of C$139.19 and a 52 week high of C$215.24.

Franco-Nevada (TSE:FNV) (NYSE:FNV) last released its quarterly earnings data on Tuesday, March 5th. The company reported C$1.23 earnings per share (EPS) for the quarter, topping the consensus estimate of C$1.07 by C$0.16. The firm had revenue of C$412.95 million during the quarter. Franco-Nevada had a negative net margin of 39.96% and a negative return on equity of 7.75%. As a group, equities analysts anticipate that Franco-Nevada will post 4.5510259 earnings per share for the current year.

Insiders Place Their Bets

In related news, Senior Officer Eaun Harrison Gray sold 330 shares of Franco-Nevada 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 related news, Director Paul Brink sold 2,315 shares of Franco-Nevada stock in a transaction that occurred on Monday, March 25th. The shares were 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 stock in a transaction that occurred on Monday, March 25th. The shares were sold at an average price of C$156.69, for a total transaction of C$51,707.70. Insiders have sold a total of 16,839 shares of company stock worth $2,686,396 in the last ninety days. 0.69% of the stock is owned by corporate 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.