Fresnillo Rating Reiterated by Deutsche Bank (FRES)
Fresnillo (LON:FRES)‘s stock had its “hold” rating restated by equities research analysts at Deutsche Bank in a research note issued to investors on Monday, American Banking News.com reports. They currently have a GBX 825 ($13.59) target price on the stock. Deutsche Bank’s price target would suggest a potential upside of 6.45% from the company’s current price.
Fresnillo (LON:FRES) traded down 2.15% during mid-day trading on Monday, hitting GBX 775.00. The stock had a trading volume of 1,516,092 shares. Fresnillo has a 52-week low of GBX 658.00 and a 52-week high of GBX 1710.00. The stock’s 50-day moving average is GBX 730.7 and its 200-day moving average is GBX 948.0. The company’s market cap is £5.711 billion.
FRES has been the subject of a number of other recent research reports. Analysts at RBC Capital cut their price target on shares of Fresnillo from GBX 1,050 ($17.30) to GBX 1,000 ($16.48) in a research note to investors on Friday. They now have an “outperform” rating on the stock. Separately, analysts at BMO Capital Markets upgraded shares of Fresnillo to an “outperform” rating in a research note to investors on Thursday, January 16th. Finally, analysts at Liberum Capital reiterated a “hold” rating on shares of Fresnillo in a research note to investors on Wednesday, January 15th. They now have a GBX 930 ($15.32) price target on the stock. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and six have assigned a buy rating to the company. Fresnillo currently has a consensus rating of “Hold” and an average target price of GBX 1,006.18 ($16.58).
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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