Analysts Set Franco-Nevada Co. (TSE:FNV) Price Target at C$209.00

Franco-Nevada Co. (TSE:FNV - Get Free Report) NYSE: FNV has been assigned an average rating of "Strong Buy" from the four research firms that are presently covering the company, Marketbeat reports. One investment analyst has rated the stock with a hold recommendation and three have assigned a strong buy recommendation to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is C$218.67.

Several equities analysts have commented on FNV shares. National Bankshares lowered their target price on shares of Franco-Nevada from C$220.00 to C$215.00 in a research report on Tuesday, March 11th. BMO Capital Markets raised Franco-Nevada to a "strong-buy" rating in a report on Wednesday, April 16th. CIBC boosted their target price on Franco-Nevada from C$260.00 to C$280.00 in a report on Thursday, April 17th. Stifel Nicolaus increased their price target on Franco-Nevada from C$220.00 to C$265.00 in a report on Monday, April 21st. Finally, TD Securities lowered shares of Franco-Nevada from a "buy" rating to a "hold" rating and set a C$152.00 price target on the stock. in a research report on Tuesday, March 11th.

Franco-Nevada Stock Performance

Shares of Franco-Nevada stock traded up C$3.77 during trading on Wednesday, hitting C$231.41. 44,253 shares of the stock traded hands, compared to its average volume of 315,144. The company has a fifty day moving average price of C$221.24 and a two-hundred day moving average price of C$194.73. Franco-Nevada has a twelve month low of C$156.31 and a twelve month high of C$245.55. The stock has a market cap of C$31.40 billion, a P/E ratio of -49.98, a PEG ratio of 5.00 and a beta of 0.68.

Insider Buying and Selling at Franco-Nevada

In related news, Senior Officer Lena Miller sold 1,700 shares of the company's stock in a transaction dated Wednesday, March 12th. The shares were sold at an average price of C$210.37, for a total value of C$357,620.50. Also, Senior Officer Christopher Bell sold 731 shares of the firm's stock in a transaction dated Tuesday, March 25th. The stock was sold at an average price of C$224.94, for a total transaction of C$164,432.82. Insiders sold a total of 16,054 shares of company stock valued at $3,563,292 in the last quarter. Corporate insiders own 0.69% of the company's stock.

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.