♔ The Trade Off
Franco-Nevada (FNV) Receives a Rating Update from a Top Analyst
RBC Capital analyst Josh Wolfson maintained a Buy rating on Franco-Nevada on March 2 and set a price target of $260.00. The company’s shares closed yesterday at C$379.70.
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Wolfson covers the Basic Materials sector, focusing on stocks such as Barrick Mining, Royal Gold, and Triple Flag Precious Metals. According to TipRanks, Wolfson has an average return of 29.6% and a 72.33% success rate on recommended stocks.
Currently, the analyst consensus on Franco-Nevada is a Moderate Buy with an average price target of $283.61.
FNV market cap is currently C$69.07B and has a P/E ratio of 53.74.
Read More on FNV:
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- Franco-Nevada price target raised to $280 from $262 at BofA
- Franco-Nevada announces A$220M financing package with Minerals 260
- Franco-Nevada Commits A$220 Million to Advance Bullabulling Gold Project
- Franco-Nevada price target raised to $285 from $210 at H.C. Wainwright
- Franco-Nevada to Acquire $250 Million Nevada Gold Royalty from i-80 Gold
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