Investment Analysts’ Recent Ratings Updates for Franco-Nevada (FNV)

Franco-Nevada (TSE: FNV) has recently received a number of price target changes and ratings updates:

• 5/2/2024 – Franco-Nevada had its price target lowered by analysts at BMO Capital Markets from C$207.00 to C$205.00.
• 4/23/2024 – Franco-Nevada had its price target raised by analysts at Canaccord Genuity Group Inc. from C$168.00 to C$177.00.
• 4/22/2024 – Franco-Nevada had its price target raised by analysts at Eight Capital from C$190.00 to C$200.00. They now have a “buy” rating on the stock.
• 4/19/2024 – Franco-Nevada had its price target raised by analysts at Stifel Nicolaus from C$182.00 to C$196.00. They now have a “buy” rating on the stock.
• 4/12/2024 – Franco-Nevada had its price target raised by analysts at Veritas Investment Research from C$149.00 to C$173.00.
• 4/9/2024 – Franco-Nevada had its price target raised by analysts at Bank of America Co. from C$186.00 to C$190.00.
• 3/7/2024 – Franco-Nevada had its price target lowered by analysts at National Bankshares, Inc. from C$172.50 to C$170.00. They now have a “sector perform” rating on the stock.
• 3/7/2024 – Franco-Nevada had its price target lowered by analysts at Scotiabank from C$141.00 to C$139.00. They now have a “sector perform” rating on the stock.
• 3/7/2024 – Franco-Nevada had its price target lowered by analysts at Raymond James from C$146.00 to C$138.00. They now have an “outperform” rating on the stock.
• 3/6/2024 – Franco-Nevada had its price target lowered by analysts at BMO Capital Markets from C$200.00 to C$195.00.

Franco-Nevada Trading Down 1.3 %

Shares of TSE:FNV traded down C$2.19 during midday trading on Thursday, hitting C$165.40. 472,915 shares of the stock were exchanged, compared to its average volume of 370,093. The business’s 50-day moving average price is C$157.96 and its 200 day moving average price is C$156.47. Franco-Nevada Co. has a 12 month low of C$139.19 and a 12 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) (NYSE:FNV) last issued its quarterly earnings data on Tuesday, March 5th. The company reported C$1.23 earnings per share for the quarter, topping the consensus estimate of C$1.07 by C$0.16. The company had revenue of C$412.95 million for the quarter. Franco-Nevada had a negative net margin of 38.33% and a negative return on equity of 7.65%. Analysts predict that Franco-Nevada Co. will post 4.2780116 earnings per share for the current year.

Insider Buying and Selling at Franco-Nevada

In related news, Senior Officer Eaun Harrison Gray sold 330 shares of the firm’s 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 Eaun Harrison Gray sold 330 shares of the firm’s stock in a transaction on Monday, March 25th. The shares were sold at an average price of C$156.69, for a total value of C$51,707.70. Also, Senior Officer Sandip Rana sold 10,749 shares of the company’s stock in a transaction dated Thursday, March 21st. The shares were sold at an average price of C$160.29, for a total transaction of C$1,722,952.91. Over the last quarter, insiders have sold 16,839 shares of company stock valued at $2,686,396. 0.69% of the stock is currently owned by insiders.

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.