According to The Fly, in a report released today, Stephen Walker from RBC Capital reiterated a Buy rating on Franco Nev Corp (FNV). The company’s shares opened today at $71.78.
According to TipRanks.com, Walker is a 3-star analyst with an average return of 1.7% and a 43.5% success rate. Walker covers the Basic Materials sector, focusing on stocks such as Teck Resources Limited, Hudbay Minerals Inc, and Centerra Gold Inc.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Franco Nev Corp with a $80.33 average price target.
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The company has a one-year high of $80.79 and a one-year low of $58.26. Currently, Franco Nev Corp has an average volume of 702.2K.
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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.
