Franco-Nevada Co. (TSE:FNV - Get Free Report) NYSE: FNV's share price crossed above its two hundred day moving average during trading on Friday following insider buying activity. The stock has a two hundred day moving average of C$203.75 and traded as high as C$235.80. Franco-Nevada shares last traded at C$228.99, with a volume of 339,132 shares.
Analyst Upgrades and Downgrades
A number of equities analysts have issued reports on the company. Bank of America cut their target price on Franco-Nevada from C$272.00 to C$266.00 in a research report on Wednesday, May 28th. National Bankshares cut their target price on Franco-Nevada from C$220.00 to C$215.00 in a research report on Tuesday, March 11th. BMO Capital Markets boosted their price target on Franco-Nevada from C$260.00 to C$261.00 in a report on Wednesday, May 28th. TD Securities downgraded Franco-Nevada from a "buy" rating to a "hold" rating and set a C$152.00 price target for the company. in a report on Tuesday, March 11th. Finally, CIBC boosted their price target on Franco-Nevada from C$260.00 to C$280.00 in a report on Thursday, April 17th.
View Our Latest Stock Report on FNV
Franco-Nevada Stock Performance
The firm has a market capitalization of C$31.07 billion, a P/E ratio of -49.45, a P/E/G ratio of 5.00 and a beta of 0.68. The stock has a fifty day moving average price of C$229.00 and a two-hundred day moving average price of C$203.75.
Franco-Nevada Company Profile
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Get Free Report)
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.
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