Fresnillo Plc’s Buy Rating Reiterated at Numis Securities Ltd (FRES)
Fresnillo Plc (LON:FRES)‘s stock had its “buy” rating reiterated by Numis Securities Ltd in a research note issued on Wednesday. They currently have a GBX 1,150 ($19.22) price target on the stock. Numis Securities Ltd’s target price suggests a potential upside of 18.19% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at VSA Capital upgraded shares of Fresnillo Plc to a “hold” rating in a research note on Thursday, August 7th. They now have a GBX 900 ($15.05) price target on the stock. Separately, analysts at Credit Suisse upgraded shares of Fresnillo Plc to a “neutral” rating in a research note on Wednesday, August 6th. They now have a GBX 900 ($15.05) price target on the stock, up previously from GBX 647 ($10.82). Finally, analysts at RBC Capital downgraded shares of Fresnillo Plc to a “sector performer” rating in a research note on Wednesday, August 6th. They now have a GBX 950 ($15.88) price target on the stock, down previously from GBX 1,000 ($16.72). Two research analysts have rated the stock with a sell rating, nine have issued a hold rating and six have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of GBX 957.41 ($16.00).
Shares of Fresnillo Plc (LON:FRES) opened at 959.50 on Wednesday. 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 946.1 and its 200-day moving average is GBX 885.. The company’s market cap is £7.070 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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