Franco-Nevada Co. (TSE:FNV) Senior Officer Lena Miller Sells 1,700 Shares

Franco-Nevada Co. (TSE:FNV) (NYSE:FNV) Senior Officer Lena Miller sold 1,700 shares of the business’s stock in a transaction on Wednesday, March 12th. The shares were sold at an average price of C$210.37, for a total transaction of C$357,620.50.

Franco-Nevada Price Performance

FNV traded up C$4.96 on Thursday, hitting C$216.66. The company had a trading volume of 410,640 shares, compared to its average volume of 275,461. Franco-Nevada Co. has a 52-week low of C$153.62 and a 52-week high of C$219.99. The stock has a fifty day simple moving average of C$195.37 and a 200-day simple moving average of C$179.27. The firm has a market capitalization of C$29.40 billion, a P/E ratio of -46.79, a P/E/G ratio of 5.00 and a beta of 0.68.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in 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 on the stock in a report on Monday, November 18th. National Bankshares reduced their price objective on Franco-Nevada from C$220.00 to C$215.00 in a research note on Tuesday. UBS Group raised Franco-Nevada to a “strong-buy” rating in a research note on Monday, November 18th. TD Securities cut Franco-Nevada from a “buy” rating to a “hold” rating and set a C$152.00 target price on the stock. in a research note on Tuesday. Finally, CIBC raised their target price on Franco-Nevada from C$235.00 to C$245.00 in a research note on Monday, December 2nd. Two equities research 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 company. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price 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.