Boris De Vries Sells 500 Shares of Franco-Nevada Co. (TSE:FNV) Stock

Franco-Nevada Co. (TSE:FNV) (NYSE:FNV) Director Boris De Vries sold 500 shares of the stock in a transaction on Thursday, March 13th. The stock was sold at an average price of C$217.08, for a total value of C$108,540.35.

Franco-Nevada Trading Up 1.7 %

FNV stock opened at C$220.26 on Friday. The stock’s 50 day simple moving average is C$196.24 and its 200 day simple moving average is C$179.55. Franco-Nevada Co. has a 12-month low of C$153.65 and a 12-month high of C$221.06. The stock has a market capitalization of C$29.89 billion, a PE ratio of -47.57, a price-to-earnings-growth ratio of 5.00 and a beta of 0.68.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on FNV shares. Canaccord Genuity Group decreased their price target on shares of Franco-Nevada from C$198.00 to C$190.00 and set a “strong-buy” rating for the company in a research note on Monday, November 18th. TD Securities downgraded shares of Franco-Nevada from a “buy” rating to a “hold” rating and set a C$152.00 target price for the company. in a research note on Tuesday. UBS Group raised Franco-Nevada to a “strong-buy” rating in a research report on Monday, November 18th. CIBC raised their price objective on Franco-Nevada from C$235.00 to C$245.00 in a research report on Monday, December 2nd. Finally, National Bankshares dropped their target price on Franco-Nevada from C$220.00 to C$215.00 in a report on Tuesday. Two analysts have rated the stock with a hold rating, four have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Franco-Nevada has a consensus rating of “Buy” and a consensus price target of C$194.10.

About Franco-Nevada

Franco-Nevada Corporation operates as a gold-focused royalty and streaming company in South America, Central America, Mexico, the United States, Canada, and internationally. It operates through Mining and Energy segments. The company manages its portfolio with a focus on precious metals, such as gold, silver, and platinum group metals; and engages in the sale of crude oil, natural gas, and natural gas liquids through a third-party marketing agent.