Fresnillo Plc Receives Buy Rating from Numis Securities Ltd (FRES)
Fresnillo Plc (LON:FRES)‘s stock had its “buy” rating restated by investment analysts at Numis Securities Ltd in a note issued to investors on Thursday, StockRatingsNetwork reports. They currently have a GBX 1,100 ($18.56) target price on the stock. Numis Securities Ltd’s price target suggests a potential upside of 34.72% from the stock’s previous close.
A number of other firms have also recently commented on FRES. Analysts at Barclays reiterated an “equal weight” rating on shares of Fresnillo Plc in a research note on Tuesday, April 29th. They now have a GBX 720 ($12.15) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “hold” rating on shares of Fresnillo Plc in a research note on Monday, April 28th. They now have a GBX 860 ($14.51) price target on the stock. Finally, analysts at Deutsche Bank reiterated a “hold” rating on shares of Fresnillo Plc in a research note on Thursday, April 17th. They now have a GBX 860 ($14.51) price target on the stock. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have assigned a buy rating to the company. Fresnillo Plc has an average rating of “Hold” and a consensus target price of GBX 980.94 ($16.55).
Shares of Fresnillo Plc (LON:FRES) traded up 0.80% on Thursday, hitting GBX 816.50. The stock had a trading volume of 1,145,658 shares. Fresnillo Plc has a 52-week low of GBX 658.00 and a 52-week high of GBX 1350.25. The stock’s 50-day moving average is GBX 862.3 and its 200-day moving average is GBX 850.4. The company’s market cap is £6.017 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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.