Franco-Nevada Corporation (FNV) Receives Analyst Rating

Franco-Nevada Corporation (FNV) : Zacks Investment Research ranks Franco-Nevada Corporation (FNV) as 3, which is a Hold recommendation. 3 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 2 other analysts are mildly bullish on the stock and favor a Buy. A total of 5 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 10 research analysts is 2.2, which indicates as a Buy.

Franco-Nevada Corporation (FNV) : The consensus price target for Franco-Nevada Corporation (FNV) is $78 for the short term with a standard deviation of $9.36. The most optimist securities analyst among the 10 who monitor the stock believes that the stock can reach $91, however, the pessimist price target for the company is $59.


Also, Equity analysts at the Brokerage firm Deutsche Bank upgrades its rating on Franco-Nevada Corporation (NYSE:FNV). The rating major has initiated the coverage with hold rating on the shares. Earlier, the shares were rated a Sell by the brokerage firm. The rating by the firm was issued on September 9, 2016.

Franco-Nevada Corporation (NYSE:FNV): After opening at $69.71, the stock dipped to an intraday low of $69.46 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $71.88 and the buying power remained strong till the end. The stock closed at $71 for the day, a gain of 1.34% for the day session. The total traded volume was 790,281. The stocks close on the previous trading day was $70.06.

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.

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