Franco-Nevada Co. (TSE:FNV – Get Free Report) (NYSE:FNV) Senior Officer Lena Miller sold 1,700 shares of the firm’s stock in a transaction on Wednesday, March 12th. The shares were sold at an average price of C$210.37, for a total value of C$357,620.50.
Franco-Nevada Stock Performance
Shares of TSE FNV opened at C$216.66 on Friday. The company has a market cap of C$29.40 billion, a PE ratio of -46.79, a P/E/G ratio of 5.00 and a beta of 0.68. The business has a 50-day simple moving average of C$195.37 and a two-hundred day simple moving average of C$179.27. Franco-Nevada Co. has a fifty-two week low of C$153.62 and a fifty-two week high of C$219.99.
Analyst Ratings Changes
Several equities analysts have recently commented on FNV shares. Canaccord Genuity Group cut their price target on Franco-Nevada from C$198.00 to C$190.00 and set a “strong-buy” rating on the stock in a research note on Monday, November 18th. TD Securities downgraded Franco-Nevada from a “buy” rating to a “hold” rating and set a C$152.00 price objective on the stock. in a research report on Tuesday. National Bankshares dropped their price objective on Franco-Nevada from C$220.00 to C$215.00 in a research report on Tuesday. CIBC raised their price objective on Franco-Nevada from C$235.00 to C$245.00 in a research report on Monday, December 2nd. Finally, UBS Group raised Franco-Nevada to a “strong-buy” rating in a research report on Monday, November 18th. Two equities research analysts have rated the stock with a hold rating, four have issued a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target 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.
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