Fresnillo PT Raised to GBX 1,000 at Deutsche Bank (FRES)
Research analysts at Deutsche Bank upped their target price on shares of Fresnillo (LON:FRES) from GBX 970 ($15.54) to GBX 1,000 ($16.02) in a report released on Thursday, AnalystRatingsNetwork.com reports. The firm currently has a “hold” rating on the stock. Deutsche Bank’s price objective would indicate a potential downside of 0.79% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Liberum Capital reiterated a “hold” rating on shares of Fresnillo (LON:FRES) in a research note to investors on Tuesday. They now have a GBX 1,100 ($17.62) price target on the stock. Separately, analysts at Citigroup Inc. raised their price target on shares of Fresnillo (LON:FRES) from GBX 944 ($15.12) to GBX 1,020 ($16.34) in a research note to investors on Monday. They now have a “neutral” rating on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Fresnillo (LON:FRES) in a research note to investors on Friday, September 20th. They now have a GBX 1,160 ($18.58) price target on the stock, up previously from GBX 1,080 ($17.30). One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and three have given a buy rating to the company’s stock. Fresnillo has a consensus rating of “Hold” and an average target price of GBX 1,235.71 ($19.79).
Shares of Fresnillo (LON:FRES) traded up 0.20% on Thursday, hitting GBX 1008.00. 1,105,352 shares of the company’s stock traded hands. Fresnillo has a 52 week low of GBX 846.00 and a 52 week high of GBX 2033.00. The stock has a 50-day moving average of GBX 1156. and a 200-day moving average of GBX 1155.. The company’s market cap is £7.428 billion.
Fresnillo plc is a silver and gold mining company. The Company, along with its subsidiaries, is engaged in the mining and beneficiation of non-ferrous minerals, and the sale of related production.
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