Fresnillo Plc Stock Rating Reaffirmed by Citigroup Inc. (FRES)
Fresnillo Plc (LON:FRES)‘s stock had its “sell” rating restated by investment analysts at Citigroup Inc. in a note issued to investors on Monday. They currently have a GBX 802 ($13.76) target price on the stock. Citigroup Inc.’s price objective indicates a potential downside of 13.58% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Fresnillo Plc in a research note on Friday. They now have a GBX 1,100 ($18.87) price target on the stock. Separately, analysts at HSBC reiterated an “overweight” rating on shares of Fresnillo Plc in a research note on Thursday. They now have a GBX 1,080 ($18.52) price target on the stock. Finally, analysts at Deutsche Bank reiterated a “hold” rating on shares of Fresnillo Plc in a research note on Wednesday, July 2nd. They now have a GBX 870 ($14.92) price target on the stock. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and seven have issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of GBX 962.40 ($16.51).
Fresnillo Plc (LON:FRES) traded down 0.11% during mid-day trading on Monday, hitting GBX 927.0001. 613,547 shares of the company’s stock traded hands. 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 837.6 and its 200-day moving average is GBX 838.3. The company’s market cap is £6.831 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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