Franco-Nevada (TSE:FNV) Stock Price Expected to Rise, Canaccord Genuity Group Analyst Says

Franco-Nevada (TSE:FNV - Free Report) NYSE: FNV had its price target upped by Canaccord Genuity Group from C$262.00 to C$267.00 in a report published on Tuesday,BayStreet.CA reports.

A number of other research analysts have also weighed in on the stock. Stifel Nicolaus lifted their price target on shares of Franco-Nevada from C$220.00 to C$265.00 in a research note on Monday, April 21st. CIBC upped their target price on shares of Franco-Nevada from C$260.00 to C$280.00 in a research note on Thursday, April 17th. BMO Capital Markets increased their target price on Franco-Nevada from C$260.00 to C$261.00 in a report on Wednesday, May 28th. Bank of America cut their price target on Franco-Nevada from C$272.00 to C$266.00 in a report on Wednesday, May 28th. Finally, National Bankshares reduced their price objective on Franco-Nevada from C$220.00 to C$215.00 in a research report on Tuesday, March 11th.

Franco-Nevada Stock Up 0.2%

TSE FNV traded up C$0.42 on Tuesday, reaching C$225.50. The company had a trading volume of 354,679 shares, compared to its average volume of 310,073. Franco-Nevada has a 52 week low of C$156.31 and a 52 week high of C$245.55. The stock has a market cap of C$30.60 billion, a price-to-earnings ratio of -48.70, a PEG ratio of 5.00 and a beta of 0.68. The stock's 50 day moving average is C$229.11 and its 200-day moving average is C$204.98.

Insider Transactions at Franco-Nevada

In related news, Director Boris De Vries sold 500 shares of the firm's stock in a transaction dated Thursday, March 13th. The shares were sold at an average price of C$217.08, for a total value of C$108,540.35. Also, Senior Officer Sandip Rana sold 5,675 shares of Franco-Nevada stock in a transaction dated Thursday, March 20th. The stock was sold at an average price of C$223.86, for a total value of C$1,270,422.53. Insiders have sold a total of 15,854 shares of company stock worth $3,568,604 in the last 90 days. 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.