FRESNILLO (FNLPF): New Sell Recommendation for This Basic Materials Giant
In a report released yesterday, Alain Gabriel from Morgan Stanley maintained a Sell rating on FRESNILLO, with a price target of p1,950.00. The company’s shares opened today at p2,952.00.
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Gabriel covers the Basic Materials sector, focusing on stocks such as Boliden AB, FRESNILLO, and Endeavour Mining. According to TipRanks, Gabriel has an average return of 14.0% and a 63.36% success rate on recommended stocks.
FRESNILLO has an analyst consensus of Hold, with a price target consensus of $35.35.
FNLPF market cap is currently £21.4B and has a P/E ratio of 60.80.
Read More on FNLPF:
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- Fresnillo price target raised to 3,000 GBp from 2,700 GBp at Citi
- Fresnillo Expands into Canada with Probe Gold Acquisition
- 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
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