Franco Nevada (TSE:FNV) (NYSE:FNV) had its price target dropped by National Bank Financial from C$102.50 to C$100.00 in a research note issued on Thursday. The firm currently has a “sector perform” rating on the stock. National Bank Financial’s price objective would indicate a potential upside of 14.61% from the company’s previous close. National Bank Financial also issued estimates for Franco Nevada’s Q1 2018 earnings at $0.35 EPS, Q2 2018 earnings at $0.35 EPS, Q3 2018 earnings at $0.35 EPS and Q4 2018 earnings at $0.35 EPS.
FNV has been the topic of several other research reports. Canaccord Genuity upped their price target on Franco Nevada from C$125.00 to C$126.00 and gave the company a “buy” rating in a research note on Tuesday, February 13th. Desjardins reaffirmed a “sell” rating on shares of Franco Nevada in a research note on Monday, December 11th. Royal Bank of Canada upped their price target on Franco Nevada from C$100.00 to C$116.00 and gave the company an “outperform” rating in a research note on Tuesday, November 14th. Eight Capital reaffirmed a “neutral” rating on shares of Franco Nevada in a research note on Thursday, November 16th. Finally, TD Securities cut their price target on Franco Nevada to C$124.00 and set a “buy” rating on the stock in a research note on Friday, December 1st. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the stock. Franco Nevada currently has a consensus rating of “Hold” and a consensus target price of C$114.29.
Franco Nevada (TSE FNV) opened at C$87.25 on Thursday. Franco Nevada has a one year low of C$81.71 and a one year high of C$110.18. The stock has a market capitalization of $16,200.00, a price-to-earnings ratio of 84.71 and a beta of -0.44.
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Franco Nevada Company Profile
Franco-Nevada Corporation (Franco-Nevada) is a gold-focused royalty and stream company. The Company has interests in silver, platinum group metals, oil and gas and other resource assets. The Company is engaged in resource sector royalty/stream acquisitions and management activities. It has a portfolio of properties in the United States, Canada, Mexico, Peru, Chile and Africa.
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