Key Points
- Insider sale: Director Bonavie Tek sold 115 shares on Nov. 26 at an average price of C$290.52 for total proceeds of C$33,409.80.
- Franco‑Nevada reported C$1.43 EPS and C$679.08M revenue for the quarter but shows a negative net margin (57.55%) and negative return on equity (‑10.83%) alongside a high PE of 61.27.
- Analysts hold a consensus "Buy" rating with a consensus price target of C$287.33, while recent firm targets and ratings vary widely (e.g., CIBC C$460, Canaccord C$350, TD C$225).
Franco-Nevada Co. (TSE:FNV - Get Free Report) (NYSE:FNV) insider Bonavie Tek sold 115 shares of the company's stock in a transaction dated Wednesday, November 26th. The stock was sold at an average price of C$290.52, for a total value of C$33,409.80.
Franco-Nevada Stock Up 1.6%
TSE FNV opened at C$292.25 on Friday. Franco-Nevada Co. has a 12-month low of C$165.36 and a 12-month high of C$314.53. The company has a market capitalization of C$56.34 billion, a PE ratio of 61.27, a price-to-earnings-growth ratio of 5.00 and a beta of 0.74. The firm's 50 day moving average is C$278.61 and its 200-day moving average is C$259.16.
Franco-Nevada (TSE:FNV - Get Free Report) (NYSE:FNV) last announced its earnings results on Monday, November 3rd. The company reported C$1.43 EPS for the quarter. The business had revenue of C$679.08 million during the quarter. Franco-Nevada had a negative net margin of 57.55% and a negative return on equity of 10.83%. As a group, sell-side analysts expect that Franco-Nevada Co. will post 3.1114111 EPS for the current year.
Analyst Upgrades and Downgrades
Several research firms recently issued reports on FNV. UBS Group upped their target price on Franco-Nevada from C$260.00 to C$270.00 and gave the stock a "buy" rating in a report on Tuesday, December 2nd. Canaccord Genuity Group raised Franco-Nevada from a "hold" rating to a "buy" rating and boosted their price target for the stock from C$322.00 to C$350.00 in a research report on Wednesday, October 22nd. TD Securities cut their price objective on Franco-Nevada from C$247.00 to C$225.00 and set a "hold" rating for the company in a report on Wednesday, November 5th. CIBC boosted their target price on shares of Franco-Nevada from C$315.00 to C$460.00 in a report on Friday, October 10th. Finally, Royal Bank Of Canada raised shares of Franco-Nevada from a "hold" rating to a "moderate buy" rating and set a C$250.00 price target on the stock in a research report on Wednesday, December 10th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Buy" and a consensus price target of C$287.33.
View Our Latest Stock Analysis on Franco-Nevada
Franco-Nevada Company Profile
(
Get Free Report)
Franco-Nevada Corp is a precious-metals-focused royalty and investment company. The company owns a diversified portfolio of precious metals and royalty streams, which is actively managed to generate the bulk of its revenue from gold, silver, and platinum. The company does not operate mines, develop projects, or conduct exploration. Franco-Nevada's short-term financial performance is linked to the price of commodities and the amount of production from its portfolio of producing assets. Its long-term performance is affected by the availability of exploration and development capital.
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