UBS Sticks to Their Hold Rating for FRESNILLO (FNLPF)
In a report released today, Daniel Major from UBS maintained a Hold rating on FRESNILLO, with a price target of £22.00. The company’s shares closed yesterday at $35.60.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
According to TipRanks, Major is a 5-star analyst with an average return of 20.9% and a 67.08% success rate. Major covers the Basic Materials sector, focusing on stocks such as Kinross Gold, Newmont Mining, and Wheaton Precious Metals.
In addition to UBS, FRESNILLO also received a Hold from HSBC’s Jonathan Brandt in a report issued on October 13. However, on October 8, Berenberg Bank maintained a Buy rating on FRESNILLO (Other OTC: FNLPF).
Based on FRESNILLO’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $1.94 billion and a net profit of $393.78 million. In comparison, last year the company earned a revenue of $1.49 billion and had a net profit of $78.65 million
Read More on FNLPF:
Disclaimer & DisclosureReport an Issue
- Fresnillo upgraded to Hold from Reduce at HSBC
- Fresnillo price target raised to 1,610 GBp from 950 GBp at Morgan Stanley
- Fresnillo price target raised to 2,600 GBp from 1,700 GBp at Berenberg
- Fresnillo price target raised to 2,700 GBp from 1,700 GBp at Citi
- Fresnillo price target raised to 2,500 GBp from 2,100 GBp at JPMorgan
