Franco-Nevada Co. (TSE:FNV) Senior Officer Sells C$1,270,422.53 in Stock

Franco-Nevada Co. (TSE:FNV) (NYSE:FNV) Senior Officer Sandip Rana sold 5,675 shares of the business’s 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.

Franco-Nevada Stock Down 1.6 %

Franco-Nevada stock opened at C$218.88 on Thursday. The business has a 50 day moving average price of C$202.84 and a two-hundred day moving average price of C$182.70. The stock has a market cap of C$29.70 billion, a price-to-earnings ratio of -47.27, a price-to-earnings-growth ratio of 5.00 and a beta of 0.68. Franco-Nevada Co. has a 12 month low of C$154.75 and a 12 month high of C$226.04.

Analysts Set New Price Targets

A number of equities analysts have commented on FNV shares. CIBC lifted their price objective on shares of Franco-Nevada from C$235.00 to C$245.00 in a report on Monday, December 2nd. National Bankshares lowered their price target on Franco-Nevada from C$220.00 to C$215.00 in a report on Tuesday, March 11th. Finally, TD Securities cut Franco-Nevada from a “buy” rating to a “hold” rating and set a C$152.00 target price on the stock. in a report on Tuesday, March 11th. Two equities research analysts have rated the stock with a hold rating, four have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, Franco-Nevada currently has a consensus rating of “Buy” and an average target price of C$194.10.

About Franco-Nevada

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.