Fresnillo Plc (LON:FRES) has been given a consensus rating of “Hold” by the eleven research firms that are currently covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation and nine have assigned a hold recommendation to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is GBX 1,443.18 ($18.74).

FRES has been the subject of several research analyst reports. HSBC Holdings plc reaffirmed a “buy” rating and issued a GBX 1,830 ($23.76) price objective on shares of Fresnillo Plc in a report on Tuesday, May 2nd. Barclays PLC reaffirmed an “equal weight” rating and issued a GBX 1,500 ($19.47) price objective on shares of Fresnillo Plc in a report on Wednesday, May 3rd. Numis Securities Ltd reaffirmed a “hold” rating and issued a GBX 1,600 ($20.77) price objective on shares of Fresnillo Plc in a report on Thursday, August 3rd. Macquarie lifted their price objective on Fresnillo Plc from GBX 1,300 ($16.88) to GBX 1,800 ($23.37) and gave the stock a “neutral” rating in a report on Thursday, June 8th. Finally, J P Morgan Chase & Co cut their price objective on Fresnillo Plc from GBX 1,650 ($21.42) to GBX 1,500 ($19.47) and set a “neutral” rating for the company in a report on Monday, June 5th.

Fresnillo Plc (FRES) opened at 1525.00 on Tuesday. The stock’s 50 day moving average price is GBX 1,503.32 and its 200-day moving average price is GBX 1,521.94. Fresnillo Plc has a 12 month low of GBX 1,052.00 and a 12 month high of GBX 2,035.15. The stock’s market cap is GBX 11.24 billion.

The firm also recently disclosed a dividend, which will be paid on Friday, September 8th. Stockholders of record on Thursday, August 10th will be given a $0.11 dividend. The ex-dividend date is Thursday, August 10th. This represents a dividend yield of 0.53%.

COPYRIGHT VIOLATION NOTICE: This report was originally reported by American Banking News and is owned by of American Banking News. If you are viewing this report on another domain, it was copied illegally and republished in violation of US & international trademark and copyright laws. The legal version of this report can be accessed at https://www.americanbankingnews.com/2017/08/15/fresnillo-plc-fres-receives-average-recommendation-of-hold-from-brokerages.html.

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.