Wall Street analyst has provided a review for the Materials company on August 16, but retained the same rating on the stock. Franco-Nevada (TSX: FNV) received a Buy on August 16 from RBC Capital’s analyst Stephen Walker, with a C$113 price target.
According to TipRanks.com, Walker is a 4-star analyst with an average return of 7.6% and a 47.3% success rate. Walker covers the Basic Materials sector, focusing on stocks such as Centerra Gold Inc, Freeport-McMoRan, and Agnico Eagle.
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The word on The Street in general, suggests a Strong Buy analyst consensus rating for Franco-Nevada with a C$113.25 average price target.
The company has a one-year high of C$110.18 and a one-year low of C$84.87. Currently, Franco-Nevada has an average volume of 381.7K.
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$87.40, close to its 52-week low of C$84.87.
