Fresnillo (LON:FRES) had its target price decreased by Barclays from GBX 1,350 ($18.96) to GBX 1,340 ($18.82) in a report issued on Monday, January 8th. Barclays currently has an equal weight rating on the stock.
Several other equities research analysts have also recently commented on FRES. Macquarie reissued a neutral rating and issued a GBX 1,800 ($25.28) target price on shares of Fresnillo in a research note on Wednesday, October 4th. Numis Securities lowered their target price on Fresnillo from GBX 1,600 ($22.47) to GBX 1,500 ($21.06) and set a hold rating for the company in a research note on Monday, September 25th. HSBC raised Fresnillo to a buy rating and decreased their price objective for the stock from GBX 1,760 ($24.72) to GBX 1,570 ($22.05) in a research note on Wednesday, November 15th. Jefferies Group initiated coverage on Fresnillo in a research note on Wednesday, November 29th. They set a buy rating and a GBX 1,600 ($22.47) price objective for the company. Finally, Goldman Sachs Group raised Fresnillo to a neutral rating in a research note on Friday, December 8th. Ten analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The company has an average rating of Hold and a consensus price target of GBX 1,443.75 ($20.27).
Fresnillo (LON FRES) traded up GBX 5 ($0.07) during mid-day trading on Monday, reaching GBX 1,349 ($18.94). The company had a trading volume of 1,262,684 shares, compared to its average volume of 816,589. Fresnillo has a 12-month low of GBX 1,231 ($17.29) and a 12-month high of GBX 1,746 ($24.52). The firm has a market cap of $9,910.00 and a PE ratio of 2,498.15.
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Fresnillo Company Profile
Fresnillo plc is a holding company. Through its subsidiaries, the Company is engaged in the mining and beneficiation of non-ferrous minerals, and the sale of related production. The primary contents of this production include silver, gold, lead and zinc. The Company has six operating mines: Fresnillo, located in the State of Zacatecas, which is primary silver mine; Saucito, located in the State of Zacatecas, an underground silver mine; Cienega, located in the State of Durango, an underground gold mine, including the San Ramon satellite mine; Herradura, located in the State of Sonora, a surface gold mine; Soledad-Dipolos mine, located in the State of Sonora, a surface gold mine, and Noche Buena, located in State of Sonora, a surface gold mine.
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