Fresnillo Plc Given Consensus Recommendation of “Hold” by Brokerages (LON:FRES)
Fresnillo Plc (LON:FRES) has been given a consensus recommendation of “Hold” by the fifteen ratings firms that are currently covering the stock, ARN reports. Two equities research analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation and seven have assigned a buy recommendation to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is GBX 967.07 ($16.42).
Several analysts have recently commented on the stock. Analysts at HSBC reiterated an “overweight” rating on shares of Fresnillo Plc in a research note on Friday, July 25th. They now have a GBX 1,100 ($18.68) 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 Wednesday, July 23rd. They now have a GBX 1,100 ($18.68) price target on the stock. Finally, analysts at RBC Capital reiterated an “outperform” rating on shares of Fresnillo Plc in a research note on Monday, July 21st. They now have a GBX 1,000 ($16.98) price target on the stock.
Fresnillo Plc (LON:FRES) traded down 1.10% during mid-day trading on Wednesday, hitting GBX 947.00. The stock had a trading volume of 321,201 shares. Fresnillo Plc has a one year low of GBX 658.00 and a one year high of GBX 1350.00. The stock has a 50-day moving average of GBX 883. and a 200-day moving average of GBX 861.1. The company’s market cap is £6.978 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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