Fresnillo (LON:FRES)‘s stock had its “neutral” rating restated by analysts at Citigroup in a research note issued to investors on Thursday. They presently have a GBX 1,360 ($18.44) price objective on the stock. Citigroup’s price objective would indicate a potential downside of 0.62% from the stock’s current price.
Other equities research analysts also recently issued reports about the company. Jefferies Group assumed coverage on Fresnillo in a report on Wednesday, November 29th. They issued a “buy” rating and a GBX 1,600 ($21.70) target price on the stock. Numis Securities dropped their target price on Fresnillo from GBX 1,500 ($20.34) to GBX 1,400 ($18.99) and set a “hold” rating on the stock in a report on Friday, December 15th. JPMorgan Chase & Co. reissued a “neutral” rating and issued a GBX 1,450 ($19.66) target price on shares of Fresnillo in a report on Thursday. Barclays dropped their target price on Fresnillo from GBX 1,350 ($18.31) to GBX 1,340 ($18.17) and set an “equal weight” rating on the stock in a report on Monday, January 8th. Finally, Macquarie reissued a “neutral” rating and issued a GBX 1,800 ($24.41) target price on shares of Fresnillo in a report on Wednesday, October 4th. Ten analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of GBX 1,443.75 ($19.58).
Fresnillo (LON:FRES) traded down GBX 2 ($0.03) during trading on Thursday, reaching GBX 1,368.50 ($18.56). The company’s stock had a trading volume of 1,937,708 shares, compared to its average volume of 833,712. Fresnillo has a twelve month low of GBX 1,231 ($16.69) and a twelve month high of GBX 1,746 ($23.68). The company has a market capitalization of $10,030.00 and a P/E ratio of 2,488.18.
Fresnillo 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.
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