Fresnillo Plc Receives “Hold” Rating from Deutsche Bank (FRES)
Fresnillo Plc (LON:FRES)‘s stock had its “hold” rating reaffirmed by equities researchers at Deutsche Bank in a research report issued on Wednesday. They currently have a GBX 870 ($14.82) price objective on the stock. Deutsche Bank’s price target would indicate a potential downside of 3.17% from the stock’s previous close.
Fresnillo Plc (LON:FRES) opened at 902.0001 on Wednesday. Fresnillo Plc has a 52-week low of GBX 658.00 and a 52-week high of GBX 1350.00. The stock has a 50-day moving average of GBX 828.3 and a 200-day moving average of GBX 833.5. The company’s market cap is £6.647 billion.
A number of other analysts have also recently weighed in on FRES. Analysts at RBC Capital reiterated an “outperform” rating on shares of Fresnillo Plc in a research note on Monday. They now have a GBX 1,000 ($17.03) price target on the stock. Separately, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Fresnillo Plc in a research note on Tuesday, June 24th. They now have a GBX 1,100 ($18.74) price target on the stock. Finally, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Fresnillo Plc in a research note on Thursday, June 12th. They now have a GBX 1,100 ($18.74) price target on the stock. Two analysts have rated the stock with a sell rating, six have given a hold rating and six have given a buy rating to the stock. Fresnillo Plc presently has a consensus rating of “Hold” and an average target price of GBX 952.50 ($16.22).
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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