Franco-Nevada (TSE:FNV) PT Lowered to C$205.00

Franco-Nevada (TSE:FNV) (NYSE:FNV) had its price objective decreased by research analysts at BMO Capital Markets from C$207.00 to C$205.00 in a report issued on Thursday, BayStreet.CA reports. BMO Capital Markets’ price target would indicate a potential upside of 21.61% from the company’s previous close.

FNV has been the topic of a number of other reports. National Bankshares decreased their price objective on Franco-Nevada from C$172.50 to C$170.00 and set a “sector perform” rating on the stock in a research note on Thursday, March 7th. Scotiabank decreased their price objective on Franco-Nevada from C$141.00 to C$139.00 and set a “sector perform” rating on the stock in a research note on Thursday, March 7th. Raymond James decreased their price objective on Franco-Nevada from C$146.00 to C$138.00 and set an “outperform” rating on the stock in a research note on Thursday, March 7th. Eight Capital boosted their price objective on Franco-Nevada from C$190.00 to C$200.00 and gave the company a “buy” rating in a research note on Monday, April 22nd. Finally, Stifel Nicolaus boosted their price objective on Franco-Nevada from C$182.00 to C$196.00 and gave the company a “buy” rating in a research note on Friday, April 19th. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of C$191.50.

Franco-Nevada Stock Up 1.9 %

Shares of TSE FNV opened at C$168.57 on Thursday. Franco-Nevada has a one year low of C$139.19 and a one year high of C$217.70. The company has a debt-to-equity ratio of 1.63, a current ratio of 41.21 and a quick ratio of 23.26. The business’s fifty day moving average price is C$158.40 and its 200-day moving average price is C$156.53. The stock has a market capitalization of C$32.40 billion, a PE ratio of -50.62, a P/E/G ratio of 5.00 and a beta of 0.63.

Franco-Nevada (TSE:FNV) (NYSE:FNV) last issued its quarterly earnings results on Tuesday, March 5th. The company reported C$1.23 EPS for the quarter, beating analysts’ consensus estimates 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 for the quarter. On average, equities research analysts anticipate that Franco-Nevada will post 4.2780116 EPS for the current year.

Insider Transactions at Franco-Nevada

In other news, Senior Officer Sandip Rana sold 10,749 shares of the company’s stock in a transaction dated Thursday, March 21st. The stock was sold at an average price of C$160.29, for a total value of C$1,722,952.91. In other news, Director Paul Brink sold 2,315 shares of the company’s stock in a transaction dated Monday, March 25th. The stock was sold at an average price of C$157.33, for a total value of C$364,221.50. Also, Senior Officer Sandip Rana sold 10,749 shares of the company’s stock in a transaction dated Thursday, March 21st. The stock was sold at an average price of C$160.29, for a total value of C$1,722,952.91. In the last three months, insiders sold 16,839 shares of company stock worth $2,686,396. 0.69% of the stock is currently owned by corporate insiders.

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.