Franco-Nevada (TSE:FNV) Insider Sells C$65,776.00 in Stock

Franco-Nevada Co. (TSE:FNV) (NYSE:FNV) insider Bonavie Tek sold 250 shares of Franco-Nevada stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of C$263.10, for a total value of C$65,776.00.

Franco-Nevada Price Performance

TSE FNV opened at C$295.80 on Tuesday. The company has a market cap of C$57.00 billion, a P/E ratio of 72.68, a P/E/G ratio of 5.00 and a beta of 0.53. The stock has a 50-day moving average of C$247.22 and a two-hundred day moving average of C$233.40. Franco-Nevada Co. has a 1-year low of C$157.70 and a 1-year high of C$298.25.

Analyst Ratings Changes

Several research firms have weighed in on FNV. Canaccord Genuity Group lifted their target price on Franco-Nevada from C$262.00 to C$267.00 in a research report on Tuesday, June 10th. Bank of America lifted their price objective on Franco-Nevada from C$255.00 to C$290.00 in a research note on Friday, August 29th. Finally, BMO Capital Markets lifted their price objective on Franco-Nevada from C$260.00 to C$261.00 in a research note on Wednesday, May 28th. Three analysts have rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Strong Buy” and a consensus price target of C$240.00.

Franco-Nevada Company Profile

Franco-Nevada Corp is a precious-metals-focused royalty and investment company. The company owns a diversified portfolio of precious metals and royalty streams, which is actively managed to generate the bulk of its revenue from gold, silver, and platinum. The company does not operate mines, develop projects, or conduct exploration.