Shares of Fresnillo Plc (LON:FRES) have received a consensus rating of “Hold” from the twelve ratings firms that are currently covering the firm, Marketbeat.com reports. Ten equities research analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is GBX 1,485 ($19.99).
Several equities analysts recently weighed in on FRES shares. Numis Securities cut their price target on Fresnillo from GBX 1,500 ($20.19) to GBX 1,400 ($18.84) and set a “hold” rating for the company in a research note on Friday. Macquarie restated a “neutral” rating and issued a GBX 1,800 ($24.23) price target on shares of Fresnillo in a research note on Wednesday, October 4th. Goldman Sachs Group upgraded Fresnillo to a “neutral” rating in a research note on Friday, December 8th. Citigroup upgraded Fresnillo to a “neutral” rating in a research note on Tuesday, December 5th. Finally, Jefferies Group started coverage on Fresnillo in a research note on Wednesday, November 29th. They issued a “buy” rating and a GBX 1,600 ($21.53) price target for the company.
Fresnillo (LON FRES) opened at GBX 1,359 ($18.29) on Monday. Fresnillo has a 12 month low of GBX 1,052 ($14.16) and a 12 month high of GBX 1,746 ($23.50).
WARNING: This article was posted by American Banking News and is the sole property of of American Banking News. If you are viewing this article on another website, it was copied illegally and reposted in violation of U.S. & international trademark and copyright legislation. The original version of this article can be accessed at https://www.americanbankingnews.com/2017/12/18/fresnillo-plc-fres-given-consensus-recommendation-of-hold-by-brokerages.html.
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.
Receive News & Ratings for Fresnillo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fresnillo and related companies with MarketBeat.com's FREE daily email newsletter.