Franco-Nevada Corporation (FNV) : 3 brokerage houses believe that Franco-Nevada Corporation (FNV) is a Strong Buy at current levels. 2 Analyst considers the fundamentals to be worthy of a Buy recommendation. 6 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Franco-Nevada Corporation (FNV). Zacks Investment Research suggests a Strong Buy with a rank of 1. 1 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 12 Wall Street Analysts endorse the stock as a Buy with a rating of 2.5.
Franco-Nevada Corporation (FNV) : The highest level Franco-Nevada Corporation (FNV) is projected to reach is $91 for the short term and the lowest estimate is at $49. The consolidated price target from 11 rating analysts who initiate coverage on the stock is $74.28 and the possibility the share price can swing is $13.1.
Company shares have received an average consensus rating of Hold for the current week Franco-Nevada Corporation (NYSE:FNV): The stock opened at $79.19 on Thursday but the bulls could not build on the opening and the stock topped out at $79.74 for the day. The stock traded down to $78.04 during the day, due to lack of any buying support eventually closed down at $78.58 with a loss of -0.57% for the day. The stock had closed at $79.03 on the previous day. The total traded volume was 403,156 shares.
Franco-Nevada Corporation (Franco-Nevada) is a gold-focused royalty and stream company. The Companys additional interests are in platinum group metals and other resource assets. The Companys business model provides investors with gold price and exploration optionality. The Company has a diversified portfolio of royalties and streams by commodity, geography, revenue type and stage of project. Its assets include Gold (United States), Gold (Canada), Gold (Australia), Gold (Rest of World), Platinum Group Metals, Other Minerals and Oil and Gas. The Companys projects under each of this location include Goldstrike complex, Gold Quarry, Marigold, Pinson, Sterling, Sandman, Robinson, Sudbury basin, Golden Highway, Musselwhite, Hemlo, Hardrock, Duketon, Henty, Red October, Edna May, Wiluna, Palmarejo, Sabodla, Subika, Edikan, Cerro Moro, Ity, Gurupi, Volcan, Stillwater Complex, Pandora, Peculiar Knob, Mt Keith, King Vol, Flying Fox, Weyburn unit, Midale unit, Edson property and among others.