Shares of Fresnillo Plc (LON:FRES) have been assigned an average recommendation of “Hold” from the twelve brokerages that are presently covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, nine have issued a hold recommendation and one has given a buy recommendation to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is GBX 1,434.09 ($18.73).

A number of research firms have recently commented on FRES. HSBC Holdings plc cut shares of Fresnillo Plc to a “hold” rating and cut their target price for the stock from GBX 1,830 ($23.90) to GBX 1,760 ($22.98) in a research note on Monday, June 12th. Barclays PLC boosted their price target on shares of Fresnillo Plc from GBX 1,400 ($18.28) to GBX 1,500 ($19.59) and gave the stock an “equal weight” rating in a research report on Friday, April 21st. J P Morgan Chase & Co restated a “neutral” rating and set a GBX 1,650 ($21.55) price target on shares of Fresnillo Plc in a research report on Thursday, April 27th. Goldman Sachs Group, Inc. (The) boosted their price target on shares of Fresnillo Plc from GBX 1,050 ($13.71) to GBX 1,100 ($14.36) and gave the stock a “sell” rating in a research report on Monday, April 24th. Finally, BNP Paribas assumed coverage on shares of Fresnillo Plc in a research report on Thursday, May 18th. They set a “neutral” rating and a GBX 1,500 ($19.59) price target on the stock.

ILLEGAL ACTIVITY WARNING: “Fresnillo Plc (LON:FRES) Receives Average Rating of “Hold” from Brokerages” was posted by American Banking News and is the sole property of of American Banking News. If you are accessing this report on another website, it was illegally stolen and reposted in violation of US & international copyright and trademark laws. The legal version of this report can be accessed at https://www.americanbankingnews.com/2017/07/21/fresnillo-plc-lonfres-receives-average-rating-of-hold-from-brokerages.html.

Fresnillo Plc (FRES) opened at 1538.00 on Friday. Fresnillo Plc has a one year low of GBX 1,052.00 and a one year high of GBX 2,035.15. The company’s market cap is GBX 11.33 billion. The company has a 50 day moving average of GBX 1,549.57 and a 200-day moving average of GBX 1,505.89.

About Fresnillo Plc

Fresnillo plc is a holding company. Through its subsidiaries, the Company is engaged in the mining and beneficiation of non-ferrous minerals, and the sale of related production. The primary contents of this production include silver, gold, lead and zinc. The Company has six operating mines: Fresnillo, located in the State of Zacatecas, which is primary silver mine; Saucito, located in the State of Zacatecas, an underground silver mine; Cienega, located in the State of Durango, an underground gold mine, including the San Ramon satellite mine; Herradura, located in the State of Sonora, a surface gold mine; Soledad-Dipolos mine, located in the State of Sonora, a surface gold mine, and Noche Buena, located in State of Sonora, a surface gold mine.

Analyst Recommendations for Fresnillo Plc (LON:FRES)

Receive News & Ratings for Fresnillo Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fresnillo Plc and related companies with MarketBeat.com's FREE daily email newsletter.