In a report released today, Tanya Jakusconek from Scotiabank maintained a Hold rating on Franco-Nevada (FNV – Research Report), with a price target of $140.00. The company’s shares opened today at $119.41.
According to TipRanks, Jakusconek is an analyst with an average return of -3.4% and a 48.48% success rate. Jakusconek covers the Basic Materials sector, focusing on stocks such as Barrick Gold, Compania de Minas Buenaventura SAA, and Agnico Eagle.
In addition to Scotiabank, Franco-Nevada also received a Hold from Canaccord Genuity’s Carey MacRury in a report issued on April 23. However, yesterday, BMO Capital maintained a Buy rating on Franco-Nevada (NYSE: FNV).
FNV market cap is currently $23.46B and has a P/E ratio of -50.26.
Based on the recent corporate insider activity of 34 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of FNV in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Franco-Nevada (FNV) Company Description:
Founded in 2007, Canada-based Franco-Nevada Corp. operates as a gold-focused royalty and stream company. It operates through two segments: Mining and Energy. The company manages its portfolio, with a focus on precious metals such as gold, silver, and platinum group metals, as well as energy comprising oil, gas, and natural gas liquids.
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