Franco Nevada (FNV) Given New C$100.00 Price Target at National Bank Financial

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.

How to Become a New Pot Stock Millionaire

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.

In related news, Director David Harquail sold 5,000 shares of the company’s stock in a transaction dated Wednesday, December 13th. The stock was sold at an average price of C$99.33, for a total value of C$496,650.00. Also, Director Pierre Lassonde sold 20,000 shares of the company’s stock in a transaction dated Friday, December 15th. The shares were sold at an average price of C$97.96, for a total value of C$1,959,200.00. Insiders sold 29,000 shares of company stock valued at $2,843,090 in the last quarter.

TRADEMARK VIOLATION NOTICE: “Franco Nevada (FNV) Given New C$100.00 Price Target at National Bank Financial” was first published by Sports Perspectives and is owned by of Sports Perspectives. If you are reading this news story on another website, it was stolen and reposted in violation of U.S. and international trademark and copyright law. The legal version of this news story can be read at https://sportsperspectives.com/2018/03/10/franco-nevada-fnv-given-new-c100-00-price-target-at-national-bank-financial.html.

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.

Analyst Recommendations for Franco Nevada (TSE:FNV)

Receive News & Ratings for Franco Nevada Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Franco Nevada and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply