Franco-Nevada Co. (TSE:FNV - Get Free Report) (NYSE:FNV) Director Boris De Vries sold 500 shares of the company's stock in a transaction that occurred on Thursday, March 13th. The shares were sold at an average price of C$217.08, for a total value of C$108,540.35.
Franco-Nevada Stock Up 2.3 %
TSE:FNV opened at C$216.66 on Friday. The company has a market capitalization of C$29.40 billion, a PE ratio of -46.79, a price-to-earnings-growth ratio of 5.00 and a beta of 0.68. The stock has a fifty day simple moving average of C$195.37 and a 200-day simple moving average of C$179.27. Franco-Nevada Co. has a 52-week low of C$153.62 and a 52-week high of C$219.99.
Analyst Upgrades and Downgrades
A number of equities analysts have commented on FNV shares. UBS Group upgraded shares of Franco-Nevada to a "strong-buy" rating in a research report on Monday, November 18th. TD Securities lowered Franco-Nevada from a "buy" rating to a "hold" rating and set a C$152.00 price objective on the stock. in a report on Tuesday. National Bankshares cut their target price on Franco-Nevada from C$220.00 to C$215.00 in a research note on Tuesday. CIBC lifted their price target on Franco-Nevada from C$235.00 to C$245.00 in a research note on Monday, December 2nd. Finally, Canaccord Genuity Group cut their price objective on Franco-Nevada from C$198.00 to C$190.00 and set a "strong-buy" rating for the company in a research report on Monday, November 18th. Two equities research analysts have rated the stock with a hold rating, four have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Buy" and a consensus target price of C$194.10.
Get Our Latest Research Report on FNV
About Franco-Nevada
(
Get Free Report)
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.
Read More
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to contact@insidertrades.com.
