Franco-Nevada Co. (TSE:FNV – Free Report) (NYSE:FNV) – Research analysts at Stifel Canada increased their FY2025 earnings estimates for shares of Franco-Nevada in a report released on Monday, April 21st. Stifel Canada analyst I. Rico now anticipates that the company will post earnings per share of $6.00 for the year, up from their previous forecast of $5.92. The consensus estimate for Franco-Nevada’s current full-year earnings is $3.11 per share.
A number of other research firms have also recently issued reports on FNV. Stifel Nicolaus upped their price objective on shares of Franco-Nevada from C$220.00 to C$265.00 in a research report on Monday. BMO Capital Markets upgraded shares of Franco-Nevada to a “strong-buy” rating in a research report on Wednesday, April 16th. TD Securities downgraded Franco-Nevada from a “buy” rating to a “hold” rating and set a C$152.00 price objective for the company. in a report on Tuesday, March 11th. National Bankshares decreased their price target on Franco-Nevada from C$220.00 to C$215.00 in a research note on Tuesday, March 11th. Finally, CIBC boosted their price target on shares of Franco-Nevada from C$260.00 to C$280.00 in a research report on Thursday, April 17th. Two research analysts have rated the stock with a hold rating, one has assigned a buy rating and three have given a strong buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of C$209.00.
Franco-Nevada Trading Down 1.1 %
TSE FNV opened at C$236.24 on Wednesday. Franco-Nevada has a 1 year low of C$156.31 and a 1 year high of C$245.55. The firm has a market capitalization of C$32.06 billion, a price-to-earnings ratio of -51.02, a P/E/G ratio of 5.00 and a beta of 0.68. The firm’s 50 day simple moving average is C$216.34 and its 200 day simple moving average is C$191.20.
Insiders Place Their Bets
In related news, Director Boris De Vries sold 2,000 shares of the business’s stock in a transaction dated Monday, March 17th. The shares were sold at an average price of C$221.47, for a total transaction of C$442,940.00. Also, Senior Officer Lena Miller sold 1,700 shares of the stock in a transaction dated Wednesday, March 12th. The shares were sold at an average price of C$210.37, for a total transaction of C$357,620.50. Over the last 90 days, insiders have sold 16,054 shares of company stock worth $3,563,292. Insiders own 0.69% of the company’s stock.
About Franco-Nevada
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.
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