Numis Securities Ltd Reiterates “Buy” Rating for Fresnillo Plc (FRES)
Fresnillo Plc (LON:FRES)‘s stock had its “buy” rating restated by research analysts at Numis Securities Ltd in a report released on Friday. They currently have a GBX 1,150 ($19.08) price target on the stock. Numis Securities Ltd’s price target would indicate a potential upside of 26.44% from the stock’s previous close.
A number of other analysts have also recently weighed in on FRES. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Fresnillo Plc in a research note on Wednesday. They now have a GBX 860 ($14.27) 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 research analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have assigned a buy rating to the company’s stock. Fresnillo Plc presently has an average rating of “Hold” and a consensus price target of GBX 957.41 ($15.89).
Fresnillo Plc (LON:FRES) opened at 879.7761 on Friday. Fresnillo Plc has a one year low of GBX 658.00 and a one year high of GBX 1309.00. The stock has a 50-day moving average of GBX 952.5 and a 200-day moving average of GBX 893.5. The company’s market cap is £6.483 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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