Franco-Nevada (TSX: FNV), the Materials sector company, was revisited by a Wall Street analyst on September 19. On September 19, analyst Andrew Breichmanas gave a Hold rating to FNV and set a C$100 price target.
According to TipRanks.com, Breichmanas is a 3-star analyst with an average return of 9.1% and a 42.9% success rate. Breichmanas covers the Basic Materials sector, focusing on stocks such as Agnico Eagle, Barrick Gold, and IAMGOLD Corp.
Franco-Nevada has an analyst consensus of Moderate Buy, with a price target consensus of C$111.60.
Franco-Nevada’s market cap is currently C$15.53B and has a P/E ratio of 54.4. The company has a Price to Book ratio of 2.51.
Franco-Nevada Corp. engages in managing and growing its own portfolio of royalties and stream. It focuses on gold, silver, and platinum group metals. The company was founded on October 17, 2007 and is headquartered in Toronto, Canada.
The company’s shares closed on Friday at C$82.74.
