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Analysts Offer Insights on Materials Companies: Franco-Nevada (FNV) and Torex Gold Resources (OtherTORXF)

Analysts fell to the sidelines weighing in on Franco-Nevada (FNVResearch Report) and Torex Gold Resources (TORXFResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

Franco-Nevada (FNV)

In a report released yesterday, Josh Wolfson from RBC Capital maintained a Hold rating on Franco-Nevada, with a price target of $135.00. The company’s shares closed last Monday at $155.65.

According to TipRanks.com, Wolfson is a 4-star analyst with an average return of 3.7% and a 58.2% success rate. Wolfson covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals, Osisko Gold Royalties, and Anglogold Ashanti.

Franco-Nevada has an analyst consensus of Moderate Buy, with a price target consensus of $161.49.

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Torex Gold Resources (TORXF)

RBC Capital analyst Wayne Lam maintained a Hold rating on Torex Gold Resources yesterday and set a price target of C$20.00. The company’s shares closed last Monday at $12.64.

According to TipRanks.com, Lam is a 3-star analyst with an average return of 8.3% and a 64.1% success rate. Lam covers the Basic Materials sector, focusing on stocks such as Osisko Development, Argonaut Gold, and Marathon Gold.

Torex Gold Resources has an analyst consensus of Moderate Buy, with a price target consensus of $17.02.

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