Trade Report: The Analysts give average Rating of “Hold” to Franco Nevada Corp (TSE:FNV)

The Analysts give average Rating of “Hold” to Franco Nevada Corp (TSE:FNV)

Shares of Franco Nevada Corp (TSE:FNV) have earned a consensus rating of “Hold” from the thirteen research firms that are covering the company. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is C$82.18.

A number of equities research analysts have weighed in on the stock. Canaccord Genuity cut their price target on shares of Franco Nevada Corp from C$105.00 to C$86.00 in a report on Tuesday, July 12th. National Bank Financial upped their price objective on shares of Franco Nevada Corp from C$100.00 to C$110.00 in a research note on Wednesday, July 13th. TD Securities reaffirmed a “hold” rating and set a C$77.00 price objective on shares of Franco Nevada Corp in a research note on Wednesday, August 10th. Finally, CIBC upped their price objective on shares of Franco Nevada Corp from C$100.00 to C$110.00 in a research note on Wednesday, August 10th.

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