Fresnillo Plc Stock Rating Reaffirmed by Deutsche Bank (FRES)
Fresnillo Plc (LON:FRES)‘s stock had its “hold” rating reaffirmed by equities research analysts at Deutsche Bank in a research note issued to investors on Wednesday. They currently have a GBX 860 ($14.27) target price on the stock. Deutsche Bank’s price target would indicate a potential downside of 9.71% from the stock’s previous close.
A number of other analysts have also recently weighed in on FRES. Analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Fresnillo Plc in a research note on Wednesday, August 20th. They now have a GBX 1,150 ($19.08) price target on the stock. Separately, 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 ($14.94) price target on the stock. Finally, 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 ($14.94) price target on the stock, up previously from GBX 647 ($10.74). Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating and six have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of GBX 957.41 ($15.89).
Fresnillo Plc (LON:FRES) traded down 2.15% during mid-day trading on Wednesday, hitting GBX 932.00. The stock had a trading volume of 977,019 shares. Fresnillo Plc has a one year low of GBX 658.00 and a one year high of GBX 1314.00. The stock has a 50-day moving average of GBX 952.3 and a 200-day moving average of GBX 893.6. The company’s market cap is £6.868 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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