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 9 and set a price target of $260.00. The company’s shares closed yesterday at C$357.39.
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Wolfson covers the Basic Materials sector, focusing on stocks such as Barrick Mining, Royal Gold, and Franco-Nevada. According to TipRanks, Wolfson has an average return of 26.1% and a 70.29% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Franco-Nevada with a $291.46 average price target.
FNV market cap is currently C$68.9B and has a P/E ratio of 37.27.
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