Free Trial

Franco-Nevada (FNV) Stock Forecast & Price Target

$120.86
-0.85 (-0.70%)
(As of 10/4/2024 08:50 PM ET)

Franco-Nevada - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
4
Buy
5

Based on 9 Wall Street analysts who have issued ratings for Franco-Nevada in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 9 analysts, 4 have given a hold rating, and 5 have given a buy rating for FNV.

Consensus Price Target

$152.88
26.49% Upside
According to the 9 analysts' twelve-month price targets for Franco-Nevada, the average price target is $152.88. The highest price target for FNV is $214.00, while the lowest price target for FNV is $125.00. The average price target represents a forecasted upside of 26.49% from the current price of $120.86.
Get the Latest News and Ratings for FNV and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for Franco-Nevada and its competitors.

Sign Up

FNV Analyst Ratings Over Time

TypeCurrent Forecast
10/8/23 to 10/7/24
1 Month Ago
9/8/23 to 9/7/24
3 Months Ago
7/10/23 to 7/9/24
1 Year Ago
10/8/22 to 10/8/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
5 Buy rating(s)
6 Buy rating(s)
5 Buy rating(s)
4 Buy rating(s)
Hold
4 Hold rating(s)
3 Hold rating(s)
5 Hold rating(s)
1 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$152.88$152.75$151.89$161.20
Forecasted Upside26.49% Upside29.58% Upside23.79% Upside21.98% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy

FNV Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Skip Chart & View Analyst Rating History

FNV Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Franco-Nevada Stock vs. The Competition

TypeFranco-NevadaBasic Materials CompaniesS&P 500
Consensus Rating Score
2.56
2.74
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside26.49% Upside132.96% Upside7.04% Upside
News Sentiment Rating
Neutral News

See Recent FNV News
Neutral News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
10/4/2024Jefferies Financial Group
2 of 5 stars
 Boost TargetHold ➝ Hold$133.00 ➝ $137.00+13.69%
10/1/2024Bank of America
4 of 5 stars
 DowngradeBuy ➝ Neutral$142.00 ➝ $139.00+11.87%
8/19/2024Scotiabank
5 of 5 stars
 Boost TargetSector Perform ➝ Sector Perform$141.00 ➝ $142.00+15.35%
8/16/2024HC Wainwright
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingBuy ➝ Buy$185.00 ➝ $185.00+54.27%
8/15/2024TD Securities
Subscribe to MarketBeat All Access for the recommendation accuracy rating
D. Ma
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeHold ➝ Buy
8/15/2024TD Cowen
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradeHold ➝ Buy
4/11/2024Raymond James
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOutperform ➝ Outperform$138.00 ➝ $141.00+15.63%
11/21/2023BMO Capital Markets
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetOutperform ➝ Outperform$219.00 ➝ $214.00+82.83%
11/1/2023Royal Bank of Canada
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetSector Perform ➝ Sector Perform$155.00 ➝ $140.00+17.63%
8/18/2023Stifel Nicolaus
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradeHold ➝ Buy
8/17/2023CSFB
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetNeutral$157.00 ➝ $150.00+9.96%
7/7/2023Barclays
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower Target$127.00 ➝ $126.00-8.31%
2/7/2023CIBC
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetC$230.00 ➝ C$240.00
1/13/2023National Bank Financial
Subscribe to MarketBeat All Access for the recommendation accuracy rating
S. Nagle
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost TargetC$190.00 ➝ C$200.00

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 02:00 AM ET.


Should I Buy Franco-Nevada Stock? FNV Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, September 24, 2024. Please send any questions or comments about these Franco-Nevada pros and cons to contact@marketbeat.com.

Franco-Nevada
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Franco-Nevada Co.:

  • Franco-Nevada Co. has a positive return on equity of 10.56%, indicating efficient use of shareholder funds to generate profits.
  • Analysts have given Franco-Nevada Co. a consensus rating of "Moderate Buy" with an average price target of $152.75, suggesting potential for stock price appreciation.
  • The company operates as a gold-focused royalty and streaming company, providing exposure to the precious metals sector which can act as a hedge against economic uncertainties.
  • Despite recent fluctuations, Franco-Nevada Co. has a 52-week high of $145.74, showing potential for capital gains if the stock price rebounds.
  • With a dividend yield of 1.14%, Franco-Nevada Co. offers investors a source of passive income through regular dividend payments.

Franco-Nevada
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Franco-Nevada Co. for these reasons:

  • Franco-Nevada Co. reported a negative net margin of 51.64%, indicating lower profitability and potential financial challenges.
  • The company's P/E ratio of -49.79 may raise concerns about the stock being overvalued or facing market skepticism.
  • Revenue for Franco-Nevada Co. was down 21.2% compared to the same quarter last year, signaling a decline in business performance.
  • The stock has a beta of 0.76, suggesting lower volatility compared to the market average, which may limit potential returns for risk-seeking investors.
  • Despite a 52-week high of $145.74, Franco-Nevada Co.'s stock price traded at $117.88 on the latest trading day, indicating recent downward price pressure.

FNV Forecast - Frequently Asked Questions

According to the research reports of 9 Wall Street equities research analysts, the average twelve-month stock price forecast for Franco-Nevada is $152.88, with a high forecast of $214.00 and a low forecast of $125.00.

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Franco-Nevada in the last year. There are currently 4 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" FNV shares.

According to analysts, Franco-Nevada's stock has a predicted upside of 26.49% based on their 12-month stock forecasts.

Over the previous 90 days, Franco-Nevada's stock had 2 upgrades and 1 downgrade by analysts.

Franco-Nevada has been rated by research analysts at Bank of America, HC Wainwright, Jefferies Financial Group, Scotiabank, TD Cowen, and TD Securities in the past 90 days.

Analysts like Franco-Nevada less than other "basic materials" companies. The consensus rating score for Franco-Nevada is 2.56 while the average consensus rating score for "basic materials" companies is 2.74. Learn more on how FNV compares to other companies.


This page (NYSE:FNV) was last updated on 10/7/2024 by MarketBeat.com Staff
From Our Partners