This is what analysts have to say about Franco-Nevada Corporation (NYSE:FNV) after last week.

March 17, 2018 - By Nellie Frank

 This is what analysts have to say about Franco Nevada Corporation (NYSE:FNV) after last week.

Franco-Nevada Corporation (NYSE:FNV) Ratings Coverage

Among 17 analysts covering Franco-Nevada Corp (NYSE:FNV), 7 have Buy rating, 1 Sell and 9 Hold. Therefore 41% are positive. Franco-Nevada Corp had 36 analyst reports since August 11, 2015 according to SRatingsIntel. On Monday, September 25 the stock rating was downgraded by Credit Suisse to “Neutral”. Desjardins Securities initiated the stock with “Buy” rating in Wednesday, October 26 report. TD Securities maintained Franco-Nevada Corporation (NYSE:FNV) on Friday, December 1 with “Buy” rating. Credit Suisse downgraded Franco-Nevada Corporation (NYSE:FNV) rating on Thursday, February 4. Credit Suisse has “Neutral” rating and $53 target. Canaccord Genuity maintained Franco-Nevada Corporation (NYSE:FNV) on Tuesday, August 11 with “Buy” rating. The firm has “Sell” rating given on Monday, September 7 by Zacks. On Tuesday, November 10 the stock rating was maintained by Barclays Capital with “Underweight”. Deutsche Bank upgraded Franco-Nevada Corporation (NYSE:FNV) on Friday, September 9 to “Hold” rating. The stock of Franco-Nevada Corporation (NYSE:FNV) earned “Outperform” rating by BMO Capital Markets on Monday, September 14. The firm has “Buy” rating given on Tuesday, November 15 by Canaccord Genuity. Below is a list of Franco-Nevada Corporation (NYSE:FNV) latest ratings and price target changes.

22/01/2018 Broker: Scotia Capital Rating: Hold New Target: $86.0 Maintain
01/12/2017 Broker: TD Securities Rating: Buy New Target: $96.0 Maintain
19/10/2017 Broker: TD Securities Rating: Buy New Target: $92.0 Maintain
25/09/2017 Broker: Credit Suisse Old Rating: Outperform New Rating: Neutral Downgrade

The stock increased 0.72% or $0.49 during the last trading session, reaching $68.72. About 1.87 million shares traded or 177.75% up from the average. Franco-Nevada Corporation (NYSE:FNV) has risen 12.51% since March 17, 2017 and is uptrending. It has underperformed by 4.19% the S&P500.

Franco-Nevada Corporation operates as a gold-focused royalty and stream firm in the United States, Canada, Mexico, Peru, Chile, and Africa. The company has market cap of $12.87 billion. The firm also has interests in silver; platinum group metals, including palladium; other minerals, including base metals, iron ore, coal, and industrial and miscellaneous minerals; and gas and oil properties. It has a 64.83 P/E ratio. As of March 21, 2017, it had a portfolio of 259 mineral assets and 80 gas and oil assets.

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