Franco-Nevada Co. (TSE:FNV – Get Free Report) (NYSE:FNV) Senior Officer Christopher Bell sold 731 shares of the company’s stock in a transaction that occurred on Tuesday, March 25th. The shares were sold at an average price of C$224.94, for a total transaction of C$164,432.82.
Franco-Nevada Price Performance
Shares of TSE:FNV opened at C$222.56 on Friday. The stock has a market capitalization of C$30.20 billion, a PE ratio of -48.06, a price-to-earnings-growth ratio of 5.00 and a beta of 0.68. The company’s 50-day moving average price is C$204.55 and its two-hundred day moving average price is C$183.50. Franco-Nevada Co. has a one year low of C$156.31 and a one year high of C$227.84.
Analysts Set New Price Targets
Several equities analysts have recently issued reports on FNV shares. CIBC boosted their price target on shares of Franco-Nevada from C$235.00 to C$245.00 in a report on Monday, December 2nd. TD Securities downgraded Franco-Nevada from a “buy” rating to a “hold” rating and set a C$152.00 price target for the company. in a report on Tuesday, March 11th. Finally, National Bankshares dropped their price target on Franco-Nevada from C$220.00 to C$215.00 in a research report on Tuesday, March 11th. Two investment analysts have rated the stock with a hold rating, four have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, Franco-Nevada currently has a consensus rating of “Buy” and a consensus price target of C$194.10.
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.
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