Franco-Nevada (TSE:FNV) PT Raised to C$215.00 at Stifel Nicolaus

Franco-Nevada (TSE:FNV) (NYSE:FNV) had its price target lifted by stock analysts at Stifel Nicolaus from C$200.00 to C$215.00 in a research note issued to investors on Monday, BayStreet.CA reports. Stifel Nicolaus’ price target suggests a potential upside of 14.41% from the stock’s current price.

FNV has been the subject of several other reports. BMO Capital Markets raised their target price on Franco-Nevada from C$200.00 to C$210.00 and gave the company an “outperform” rating in a research report on Tuesday, July 16th. TD Securities raised Franco-Nevada from a “hold” rating to a “buy” rating in a research report on Thursday, August 15th. CIBC raised their target price on Franco-Nevada from C$250.00 to C$265.00 in a research report on Wednesday, July 10th. Canaccord Genuity Group raised their target price on Franco-Nevada from C$177.00 to C$190.00 in a research report on Tuesday, July 23rd. Finally, National Bankshares decreased their target price on Franco-Nevada from C$200.00 to C$195.00 in a research report on Thursday, August 15th. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of C$192.80.

Franco-Nevada Price Performance

Shares of FNV opened at C$187.92 on Monday. Franco-Nevada has a 12-month low of C$139.19 and a 12-month high of C$193.01. The business’s fifty day moving average is C$168.34 and its 200 day moving average is C$167.81. The company has a quick ratio of 23.26, a current ratio of 29.11 and a debt-to-equity ratio of 1.63. The stock has a market cap of C$36.16 billion, a P/E ratio of -44.85, a P/E/G ratio of 5.00 and a beta of 0.68.

Franco-Nevada (TSE:FNV) (NYSE:FNV) last released its quarterly earnings results on Tuesday, August 13th. The company reported C$1.03 EPS for the quarter, missing analysts’ consensus estimates of C$1.07 by C($0.04). The company had revenue of C$355.88 million during the quarter. Franco-Nevada had a negative net margin of 51.92% and a negative return on equity of 9.32%. Sell-side analysts anticipate that Franco-Nevada will post 3.1114111 earnings per share for the current fiscal year.

Insider Activity at Franco-Nevada

In related news, Director Nicholas Hugo Housby Dryland purchased 805 shares of the firm’s stock in a transaction on Monday, September 16th. The shares were acquired at an average cost of C$168.95 per share, with a total value of C$136,001.53. Following the purchase, the director now directly owns 805 shares of the company’s stock, valued at approximately C$136,001.53. 0.69% of the stock is currently owned by insiders.

About Franco-Nevada

Franco-Nevada Corporation operates as a gold-focused royalty and streaming company in South America, Central America, Mexico, the United States, Canada, and internationally. It operates through Mining and Energy segments. The company manages its portfolio with a focus on precious metals, such as gold, silver, and platinum group metals; and engages in the sale of crude oil, natural gas, and natural gas liquids through a third-party marketing agent.