Franco Nevada Corp Has Another Very Strong Trading Session

 Franco Nevada Corp Has Another Very Strong Trading Session

The stock of Franco Nevada Corp (TSE:FNV) is a huge mover today! About 75,504 shares traded hands. Franco Nevada Corp (TSE:FNV) has risen 2.98% since March 10, 2016 and is uptrending. It has underperformed by 2.63% the S&P500.
The move comes after 5 months positive chart setup for the $14.65B company. It was reported on Oct, 17 by Barchart.com. We have $131.04 PT which if reached, will make TSE:FNV worth $8.06 billion more.

Franco Nevada Corp (TSE:FNV) Ratings Coverage

Out of 5 analysts covering Franco-Nevada Corp (TSE:FNV), 3 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 60% are positive. $110 is the highest target while $54 is the lowest. The $81 average target is -4.19% below today’s ($84.54) stock price. Franco-Nevada Corp has been the topic of 10 analyst reports since August 11, 2015 according to StockzIntelligence Inc. The firm earned “Outperform” rating on Thursday, October 15 by National Bank Canada. The firm has “Buy” rating by Canaccord Genuity given on Thursday, November 12. As per Thursday, August 11, the company rating was maintained by TD Securities.

More important recent Franco Nevada Corp (TSE:FNV) news were published by: Bloomberg.com which released: “Franco-Nevada Shares Jump as Dilution Forgiven in Gold Euphoria” on February 10, 2016, also Fool.com published article titled: “Why Franco-Nevada Corporation’s Stock Jumped 32.5% in February”, Forbes.com published: “Ex-Dividend Reminder: NewMarket, Franco-Nevada and Huntsman” on September 09, 2016. More interesting news about Franco Nevada Corp (TSE:FNV) was released by: Forbes.com and their article: “Franco-Nevada Enters Oversold Territory (FNV)” with publication date: October 04, 2016.

Franco-Nevada Corporation is a gold-focused royalty and stream company. The company has a market cap of $14.65 billion. The Company’s additional interests are in platinum group metals and other resource assets. It has a 206.44 P/E ratio. The Firm operates in the segment of resource sector royalty/stream acquisitions and management activities.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Tags: , ,

Related posts

Leave a Comment