Franco-Nevada Co. (TSE:FNV) Director Paul Brink Sells 5,448 Shares

Franco-Nevada Co. (TSE:FNV) (NYSE:FNV) Director Paul Brink sold 5,448 shares of the stock in a transaction that occurred on Tuesday, March 25th. The stock was sold at an average price of C$223.81, for a total value of C$1,219,335.40.

Franco-Nevada Price Performance

Shares of Franco-Nevada stock opened at C$222.56 on Friday. The company’s 50 day moving average price is C$204.55 and its two-hundred day moving average price is C$183.50. The firm has a market capitalization of C$30.20 billion, a P/E ratio of -48.06, a P/E/G ratio of 5.00 and a beta of 0.68. Franco-Nevada Co. has a fifty-two week low of C$156.31 and a fifty-two week high of C$227.84.

Analysts Set New Price Targets

FNV has been the topic of several analyst reports. TD Securities lowered Franco-Nevada from a “buy” rating to a “hold” rating and set a C$152.00 target price on the stock. in a report on Tuesday, March 11th. CIBC increased their price objective on shares of Franco-Nevada from C$235.00 to C$245.00 in a research note on Monday, December 2nd. Finally, National Bankshares dropped their target price on shares of Franco-Nevada from C$220.00 to C$215.00 in a research report on Tuesday, March 11th. Two investment analysts have rated the stock with a hold rating, four have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the company 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.