Franco-Nevada (TSE:FNV) Given New C$205.00 Price Target at BMO Capital Markets

Franco-Nevada (TSE:FNV - Free Report) NYSE: FNV had its price target trimmed by BMO Capital Markets from C$207.00 to C$205.00 in a research note published on Thursday, BayStreet.CA reports.

Several other research analysts have also recently commented on the company. Stifel Nicolaus increased their price target on Franco-Nevada from C$182.00 to C$196.00 and gave the company a buy rating in a research report on Friday, April 19th. Veritas Investment Research increased their price target on Franco-Nevada from C$149.00 to C$173.00 in a research report on Friday, April 12th. Bank of America increased their price target on Franco-Nevada from C$186.00 to C$190.00 in a research report on Tuesday, April 9th. Scotiabank cut their price objective on Franco-Nevada from C$141.00 to C$139.00 and set a sector perform rating for the company in a research report on Thursday, March 7th. Finally, Raymond James cut their price objective on Franco-Nevada from C$146.00 to C$138.00 and set an outperform rating for the company in a research report on Thursday, March 7th. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat.com, Franco-Nevada currently has a consensus rating of Moderate Buy and a consensus price target of C$188.33.

Franco-Nevada Stock Down 1.3 %

TSE FNV traded down C$2.19 during trading hours on Thursday, hitting C$165.40. 469,999 shares of the company traded hands, compared to its average volume of 372,828. The business's 50-day moving average is C$158.40 and its 200-day moving average is C$156.53. Franco-Nevada has a twelve month low of C$139.19 and a twelve month high of C$217.70. The company has a debt-to-equity ratio of 1.63, a quick ratio of 23.26 and a current ratio of 41.21. The stock has a market capitalization of C$31.79 billion, a price-to-earnings ratio of -49.67, a P/E/G ratio of 5.00 and a beta of 0.63.

Franco-Nevada (TSE:FNV - Get Free Report) NYSE: FNV last issued its quarterly earnings results on Tuesday, March 5th. The company reported C$1.23 EPS for the quarter, beating the consensus estimate of C$1.07 by C$0.16. Franco-Nevada had a negative return on equity of 7.65% and a negative net margin of 38.33%. The firm had revenue of C$412.95 million during the quarter. Sell-side analysts anticipate that Franco-Nevada will post 4.2780116 earnings per share for the current year.

Insider Transactions at Franco-Nevada

In other news, Senior Officer Eaun Harrison Gray sold 330 shares of the stock in a transaction that occurred on Monday, March 25th. The stock was sold at an average price of C$156.69, for a total transaction of C$51,707.70. In other Franco-Nevada news, Senior Officer Sandip Rana sold 10,749 shares of the firm's stock in a transaction on Thursday, March 21st. The stock was sold at an average price of C$160.29, for a total transaction of C$1,722,952.91. Also, Senior Officer Eaun Harrison Gray sold 330 shares of the firm's stock in a transaction on Monday, March 25th. The stock was sold at an average price of C$156.69, for a total value of C$51,707.70. Over the last quarter, insiders have sold 16,839 shares of company stock worth $2,686,396. Company 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.