Fresnillo (LON:FRES) Earns “Hold” Rating from Berenberg Bank

Fresnillo (LON:FRES)‘s stock had its “hold” rating reissued by equities research analysts at Berenberg Bank in a report released on Thursday,Digital Look reports. They currently have a GBX 3,400 price objective on the stock. Berenberg Bank’s target price indicates a potential upside of 0.15% from the company’s previous close.

A number of other analysts have also issued reports on the stock. Citigroup raised their target price on shares of Fresnillo from GBX 4,600 to GBX 5,000 and gave the stock a “buy” rating in a research report on Monday, April 13th. JPMorgan Chase & Co. decreased their target price on shares of Fresnillo from GBX 5,500 to GBX 5,400 and set an “overweight” rating on the stock in a research report on Tuesday, April 7th. Two investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of GBX 3,528.

Fresnillo Stock Down 0.9%

Shares of Fresnillo stock opened at GBX 3,395 on Thursday. Fresnillo has a 52-week low of GBX 963 and a 52-week high of GBX 4,472. The company has a 50 day moving average of GBX 3,587.76 and a 200 day moving average of GBX 3,203.32. The company has a market capitalization of £25.02 billion, a P/E ratio of 18.08, a P/E/G ratio of -1.58 and a beta of 0.78. The company has a quick ratio of 3.28, a current ratio of 4.35 and a debt-to-equity ratio of 18.37.

About Fresnillo

Fresnillo plc is the world’s largest silver producer and Mexico’s largest gold producer, listed on the London and Mexican stock exchanges.
The Group seeks to create value for stakeholders across precious metal cycles, focusing on high-potential silver and gold projects that can be developed into low cost, world-class mines.
Following a decade of consistent and successful progress, the Group is now focused on consolidating its growth and advancing its pipeline in order to deliver further growth in the years ahead.