Fresnillo Plc Receives Average Rating of “Hold” from Brokerages (LON:FRES)
Fresnillo Plc (LON:FRES) has received an average rating of “Hold” from the fifteen ratings firms that are presently covering the company, AnalystRatingsNetwork.com reports. Two equities research analysts have rated the stock with a sell recommendation, six have issued a hold recommendation and seven have assigned a buy recommendation to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is GBX 967.07 ($16.42).
Fresnillo Plc (LON:FRES) opened at 935.9999 on Wednesday. Fresnillo Plc has a 52 week low of GBX 658.00 and a 52 week high of GBX 1350.25. The stock has a 50-day moving average of GBX 895.2 and a 200-day moving average of GBX 863.9. The company’s market cap is £6.897 billion.
FRES has been the subject of a number of recent research reports. Analysts at RBC Capital reiterated an “outperform” rating on shares of Fresnillo Plc in a research note on Friday. They now have a GBX 1,000 ($16.98) price target on the stock. Separately, 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. Finally, 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.
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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