The stock of Franco Nevada Corp (TSE:FNV) is a huge mover today! About 368,033 shares traded hands. Franco Nevada Corp (TSE:FNV) has risen 4.55% since March 11, 2016 and is uptrending. It has underperformed by 0.94% the S&P500.
The move comes after 5 months negative chart setup for the $15.52B company. It was reported on Oct, 18 by Barchart.com. We have $79.66 PT which if reached, will make TSE:FNV worth $1.09 billion less.
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 -5.44% below today’s ($85.66) stock price. Franco-Nevada Corp has been the topic of 10 analyst reports since August 11, 2015 according to StockzIntelligence Inc. The stock of Franco Nevada Corp (TSE:FNV) has “Buy” rating given on Thursday, November 12 by Canaccord Genuity. The firm earned “Hold” rating on Thursday, August 11 by TD Securities. The rating was upgraded by National Bank Canada on Thursday, October 15 to “Outperform”.
More notable 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 with their article: “Why Franco-Nevada Corporation’s Stock Jumped 32.5% in February” published on March 14, 2016, Forbes.com published: “Ex-Dividend Reminder: NewMarket, Franco-Nevada and Huntsman” on September 09, 2016. More interesting news about Franco Nevada Corp (TSE:FNV) were released by: Forbes.com and their article: “Franco-Nevada Enters Oversold Territory (FNV)” published on October 04, 2016 as well as Profitconfidential.com‘s news article titled: “Franco Nevada Corp Could Be the Top Gold Stock for 2016…and Beyond” with publication date: May 27, 2016.
Franco-Nevada Corporation is a gold-focused royalty and stream company. The company has a market cap of $15.52 billion. The Company’s additional interests are in platinum group metals and other resource assets. It has a 209.42 P/E ratio. The Firm operates in the segment of resource sector royalty/stream acquisitions and management activities.
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