Numis Securities Ltd Reiterates Buy Rating for Fresnillo Plc (FRES)
Fresnillo Plc (LON:FRES)‘s stock had its “buy” rating reiterated by research analysts at Numis Securities Ltd in a report released on Friday, AnalystRatings.NET reports. They currently have a GBX 1,100 ($18.53) target price on the stock. Numis Securities Ltd’s price target indicates a potential upside of 27.83% from the stock’s previous close.
Fresnillo Plc (LON:FRES) opened at 845.00 on Friday. Fresnillo Plc has a 52 week low of GBX 658.00 and a 52 week high of GBX 1350.00. The stock’s 50-day moving average is GBX 858.9 and its 200-day moving average is GBX 844.6. The company’s market cap is £6.227 billion.
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 ($12.13) 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 ($14.49) 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 ($14.49) price target on the stock. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and six have assigned a buy rating to the stock. Fresnillo Plc currently has a consensus rating of “Hold” and a consensus target price of GBX 966.33 ($16.28).
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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