♔ The Trade Off
FRESNILLO (FNLPF): New Buy Recommendation for This Basic Materials Giant
J.P. Morgan analyst Patrick Jones reiterated a Buy rating on FRESNILLO on January 5 and set a price target of p4,300.00. The company’s shares opened today at p3,452.00.
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According to TipRanks, Jones is a 5-star analyst with an average return of 29.4% and a 58.88% success rate. Jones covers the Basic Materials sector, focusing on stocks such as Antofagasta, Boliden AB, and Lundin Mining.
In addition to J.P. Morgan, FRESNILLO also received a Buy from TipRanks – OpenAI’s OpenAI Other Precious Metals in a report issued today. However, on the same day, Barclays maintained a Hold rating on FRESNILLO (Other OTC: FNLPF).
FNLPF market cap is currently £27.1B and has a P/E ratio of 77.01.
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