Franco-Nevada (TSE:FNV) Price Target Lowered to C$215.00 at National Bankshares

Franco-Nevada (TSE:FNV) (NYSE:FNV) had its price objective cut by analysts at National Bankshares from C$220.00 to C$215.00 in a report released on Tuesday,BayStreet.CA reports. National Bankshares’ target price indicates a potential upside of 1.56% from the company’s previous close.

A number of other research analysts also recently commented on FNV. CIBC boosted their target price on Franco-Nevada from C$235.00 to C$245.00 in a research note on Monday, December 2nd. Canaccord Genuity Group reduced their price target on Franco-Nevada from C$198.00 to C$190.00 and set a “strong-buy” rating for the company in a research report on Monday, November 18th. Finally, UBS Group raised Franco-Nevada to a “strong-buy” rating in a research report on Monday, November 18th. Two investment analysts have rated the stock with a hold rating, four have issued a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, Franco-Nevada presently has a consensus rating of “Buy” and an average price target of C$194.10.

Franco-Nevada Stock Up 0.8 %

Shares of TSE FNV opened at C$211.70 on Tuesday. Franco-Nevada has a 52-week low of C$152.28 and a 52-week high of C$213.60. The stock has a market capitalization of C$28.73 billion, a price-to-earnings ratio of -45.72, a PEG ratio of 5.00 and a beta of 0.68. The stock’s fifty day simple moving average is C$194.52 and its 200 day simple moving average is C$179.01.

Franco-Nevada Company Profile

Franco-Nevada Corporation operates as a gold-focused royalty and streaming company in South America, Central America, Mexico, the United States, Canada, and internationally. It operates through Mining and Energy segments. The company manages its portfolio with a focus on precious metals, such as gold, silver, and platinum group metals; and engages in the sale of crude oil, natural gas, and natural gas liquids through a third-party marketing agent.