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Bank of America Securities Sticks to Its Hold Rating for Franco-Nevada (FNV)

Tipranks - Tipranks - Sat Feb 28, 2:28AM CST

In a report released yesterday, Lawson Winder from Bank of America Securities maintained a Hold rating on Franco-Nevada, with a price target of $280.00. The company’s shares closed yesterday at C$383.74.

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According to TipRanks, Winder is a 5-star analyst with an average return of 23.0% and a 60.90% success rate. Winder covers the Basic Materials sector, focusing on stocks such as Pan American Silver, Newmont Mining, and Eldorado Gold.

In addition to Bank of America Securities, Franco-Nevada also received a Hold from Canaccord Genuity’s Carey MacRury in a report issued on February 24. However, on February 17, RBC Capital maintained a Buy rating on Franco-Nevada (NYSE: FNV).

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FNV market cap is currently C$72.19B and has a P/E ratio of 56.17.

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