Franco-Nevada’s (FNV) Sell Rating Reaffirmed at Desjardins

Franco-Nevada (TSE:FNV) (NYSE:FNV)‘s stock had its “sell” rating reaffirmed by research analysts at Desjardins in a note issued to investors on Monday.

Other equities analysts have also issued reports about the company. TD Securities reduced their price target on Franco-Nevada to C$124.00 and set a “buy” rating on the stock in a research report on Friday, December 1st. Bank of America increased their price objective on Franco-Nevada from C$107.00 to C$110.00 in a report on Friday, September 8th. Scotiabank increased their price objective on Franco-Nevada to C$108.00 and gave the stock a “sector perform” rating in a report on Tuesday, November 7th. National Bank Financial raised their target price on Franco-Nevada from C$100.00 to C$107.50 and gave the company a “sector perform” rating in a research note on Tuesday, November 7th. Finally, CIBC raised their target price on Franco-Nevada from C$110.00 to C$120.00 in a research note on Tuesday, November 7th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of C$109.06.

Franco-Nevada (TSE:FNV) traded up C$0.04 on Monday, reaching C$100.01. The company had a trading volume of 308,272 shares, compared to its average volume of 468,116. Franco-Nevada has a fifty-two week low of C$71.44 and a fifty-two week high of C$110.18.

WARNING: This story was first published by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are viewing this story on another website, it was copied illegally and reposted in violation of US & international trademark and copyright legislation. The original version of this story can be accessed at

Franco-Nevada Company Profile

Franco-Nevada Corporation (Franco-Nevada) is a gold-focused royalty and stream company. The Company has interests in silver, platinum group metals, oil and gas and other resource assets. The Company is engaged in resource sector royalty/stream acquisitions and management activities. It has a portfolio of properties in the United States, Canada, Mexico, Peru, Chile and Africa.

Analyst Recommendations for Franco-Nevada (TSE:FNV)

Receive News & Ratings for Franco-Nevada Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Franco-Nevada Co. and related companies with's FREE daily email newsletter.

Leave a Reply