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RBC Capital Keeps Their Buy Rating on Franco-Nevada (FNV)

Tipranks - Tipranks - Thu May 21, 1:32AM CDT

RBC Capital analyst Josh Wolfson maintained a Buy rating on Franco-Nevada on May 18 and set a price target of $320.00.

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Wolfson covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals, Franco-Nevada, and OR Royalties. According to TipRanks, Wolfson has an average return of 20.5% and a 62.99% success rate on recommended stocks.

In addition to RBC Capital, Franco-Nevada also received a Buy from Stifel Nicolaus’s Ingrid Rico in a report issued on May 14. However, on the same day, Bank of America Securities maintained a Hold rating on Franco-Nevada (NYSE: FNV).

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The company has a one-year high of C$388.22 and a one-year low of C$210.19. Currently, Franco-Nevada has an average volume of 366.3K.

Based on the recent corporate insider activity of 43 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of FNV in relation to earlier this year.

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