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Analysts Offer Insights on Materials Companies: Franco-Nevada (FNV) and Vox Royalty (VOXR)

Tipranks - Wed Mar 18, 7:18AM CDT

There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on Franco-Nevada (FNVResearch Report) and Vox Royalty (VOXRResearch Report) with bullish sentiments.

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Franco-Nevada (FNV)

RBC Capital analyst Josh Wolfson maintained a Buy rating on Franco-Nevada yesterday and set a price target of $320.00. The company’s shares closed last Monday at $254.13.

According to TipRanks.com, Wolfson is a top 100 analyst with an average return of 23.5% and a 67.9% success rate. Wolfson covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals, Novagold Resources New, and Anglogold Ashanti PLC. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Franco-Nevada with a $302.53 average price target, which is a 20.5% upside from current levels. In a report issued on March 10, BMO Capital also maintained a Buy rating on the stock with a C$435.00 price target.

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Vox Royalty (VOXR)

In a report released yesterday, Tate Sullivan from Maxim Group maintained a Buy rating on Vox Royalty, with a price target of $8.00. The company’s shares closed last Monday at $5.80.

According to TipRanks.com, Sullivan is a 4-star analyst with an average return of 3.1% and a 49.5% success rate. Sullivan covers the Industrial Goods sector, focusing on stocks such as United Maritime Corp., Performance Shipping, and Seanergy Maritime. ;'>

Vox Royalty has an analyst consensus of Strong Buy, with a price target consensus of $7.03, which is a 24.9% upside from current levels. In a report issued on March 6, ATB Cormark Capital Markets also maintained a Buy rating on the stock with a C$9.00 price target.

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