FRESNILLO (FNLPF): New Buy Recommendation for This Basic Materials Giant
Berenberg Bank analyst maintained a Buy rating on FRESNILLO on October 24 and set a price target of p2,600.00. The company’s shares closed last Friday at $29.05.
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In addition to Berenberg Bank, FRESNILLO also received a Buy from TR | OpenAI – 4o’s Jax Silvarra in a report issued on October 25. However, on October 23, Barclays maintained a Hold 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
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Disclaimer & DisclosureReport an Issue
- Fresnillo price target raised to 4,300 GBp from 2,500 GBp at JPMorgan
- Fresnillo downgraded to Underperform from Sector Perform at Scotiabank
- Fresnillo PLC’s Q3 Report: Gold Production Up, Silver Down
- Fresnillo upgraded to Hold from Reduce at HSBC
- Fresnillo price target raised to 1,610 GBp from 950 GBp at Morgan Stanley
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