Franco-Nevada (TSE:FNV) (NYSE:FNV) had its price target trimmed by TD Securities to C$124.00 in a research report sent to investors on Friday, StockTargetPrices.com reports. The brokerage currently has a buy rating on the stock.
Other equities analysts have also issued reports about the company. Bank of America upped their target price on Franco-Nevada from C$107.00 to C$110.00 in a report on Friday, September 8th. CIBC upped their target price on Franco-Nevada from C$105.00 to C$110.00 in a report on Thursday, August 10th. Canaccord Genuity upped their target price on Franco-Nevada from C$111.00 to C$114.00 in a report on Wednesday, August 9th. Eight Capital reaffirmed a neutral rating on shares of Franco-Nevada in a report on Thursday, November 16th. Finally, Royal Bank Of Canada upped their target price on Franco-Nevada from C$100.00 to C$116.00 and gave the company an outperform rating in a report on Tuesday, November 14th. Five research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock has a consensus rating of Hold and an average price target of C$109.06.
Franco-Nevada (FNV) opened at C$99.81 on Friday. Franco-Nevada has a twelve month low of C$71.44 and a twelve month high of C$110.18.
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Franco-Nevada Corporation (Franco-Nevada) is a gold-focused royalty and stream company. The Company has interests in silver, platinum group metals, oil and gas and other resource assets. The Company is engaged in resource sector royalty/stream acquisitions and management activities. It has a portfolio of properties in the United States, Canada, Mexico, Peru, Chile and Africa.
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