Analysts Set Franco-Nevada Co. (TSE:FNV) Target Price at C$209.00

Franco-Nevada Co. (TSE:FNV) (NYSE:FNV) has been given a consensus recommendation of “Buy” by the six brokerages that are covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold rating, one has given a buy rating and three have issued a strong buy rating on the company. The average 12 month target price among brokerages that have covered the stock in the last year is C$209.00.

Several equities research analysts recently weighed in on the stock. BMO Capital Markets raised shares of Franco-Nevada to a “strong-buy” rating in a research report on Wednesday, April 16th. National Bankshares reduced their target price on Franco-Nevada from C$220.00 to C$215.00 in a report on Tuesday, March 11th. CIBC upped their price target on Franco-Nevada from C$260.00 to C$280.00 in a report on Thursday, April 17th. Stifel Nicolaus boosted their target price on Franco-Nevada from C$220.00 to C$265.00 in a research report on Monday, April 21st. Finally, TD Securities downgraded shares of Franco-Nevada from a “buy” rating to a “hold” rating and set a C$152.00 price target on the stock. in a report on Tuesday, March 11th.

Insider Transactions at Franco-Nevada

In other news, Director Boris De Vries sold 500 shares of Franco-Nevada stock in a transaction on Thursday, March 13th. The shares were sold at an average price of C$217.08, for a total transaction of C$108,540.35. Also, Senior Officer Christopher Bell sold 731 shares of the business’s stock in a transaction on Tuesday, March 25th. The shares were sold at an average price of C$224.94, for a total transaction of C$164,432.82. Insiders have sold 16,054 shares of company stock worth $3,563,292 in the last quarter. Company insiders own 0.69% of the company’s stock.

Franco-Nevada Stock Performance

TSE:FNV opened at C$227.64 on Wednesday. The firm has a market cap of C$30.89 billion, a P/E ratio of -49.16, a P/E/G ratio of 5.00 and a beta of 0.68. Franco-Nevada has a fifty-two week low of C$156.31 and a fifty-two week high of C$245.55. The firm has a 50-day simple moving average of C$221.24 and a two-hundred day simple moving average of C$194.33.

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.