Fresnillo Plc (LON:FRES)‘s stock had its “hold” rating restated by investment analysts at Numis Securities Ltd in a research note issued on Thursday. They presently have a GBX 1,600 ($20.84) price objective on the stock. Numis Securities Ltd’s price target suggests a potential upside of 4.10% from the company’s current price.

Several other brokerages have also recently commented on FRES. Barclays PLC raised their price objective on shares of Fresnillo Plc from GBX 1,400 ($18.24) to GBX 1,500 ($19.54) and gave the company an “equal weight” rating in a research note on Friday, April 21st. HSBC Holdings plc reiterated a “buy” rating and issued a GBX 1,830 ($23.84) price objective on shares of Fresnillo Plc in a research note on Tuesday, May 2nd. Macquarie raised their price objective on shares of Fresnillo Plc from GBX 1,300 ($16.94) to GBX 1,800 ($23.45) and gave the company a “neutral” rating in a research note on Thursday, June 8th. Citigroup Inc. reiterated a “sell” rating and issued a GBX 1,225 ($15.96) price objective on shares of Fresnillo Plc in a research note on Thursday. Finally, J P Morgan Chase & Co reiterated a “neutral” rating and issued a GBX 1,650 ($21.50) price objective on shares of Fresnillo Plc in a research note on Thursday, April 27th. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating and one has issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of GBX 1,443.18 ($18.80).

Shares of Fresnillo Plc (FRES) opened at 1541.00 on Thursday. The stock’s market cap is GBX 11.36 billion. Fresnillo Plc has a 1-year low of GBX 1,052.00 and a 1-year high of GBX 2,035.15. The stock’s 50 day moving average is GBX 1,536.66 and its 200-day moving average is GBX 1,505.98.

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Fresnillo Plc Company Profile

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)

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