Barclays Sticks to Their Hold Rating for FRESNILLO (FNLPF)

In a report released today, Amos Fletcher from Barclays maintained a Hold rating on FRESNILLO, with a price target of £23.00. The company’s shares closed yesterday at $28.00.

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According to TipRanks, Fletcher is a 3-star analyst with an average return of 2.7% and a 56.78% success rate. Fletcher covers the Basic Materials sector, focusing on stocks such as Rio Tinto, Vale SA, and BHP Group Ltd.

In addition to Barclays, FRESNILLO also received a Hold from UBS’s Daniel Major in a report issued on October 16. However, today, TR | OpenAI – 4o reiterated 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