Blurbs

H.C. Wainwright Thinks Franco-Nevada’s Stock is Going to Recover

In a report released today, Heiko Ihle from H.C. Wainwright reiterated a Buy rating on Franco-Nevada (FNVResearch Report), with a price target of $144.00. The company’s shares closed last Monday at $126.00, close to its 52-week low of $124.95.

According to TipRanks.com, Ihle has 0 stars on 0-5 stars ranking scale with an average return of -15.6% and a 21.1% success rate. Ihle covers the Basic Materials sector, focusing on stocks such as Solitario Exploration & Royalty, Tanzanian Royalty Exploration, and Northern Dynasty Minerals.

Franco-Nevada has an analyst consensus of Moderate Buy, with a price target consensus of $157.24, representing a 21.4% upside. In a report released yesterday, KeyBanc also maintained a Buy rating on the stock with a $143.00 price target.

See the top stocks recommended by analysts >>

Franco-Nevada’s market cap is currently $24.15B and has a P/E ratio of 32.36.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Founded in 2007, Canada-based Franco-Nevada Corp. operates as a gold-focused royalty and stream company. It operates through two segments: Mining and Energy. The company manages its portfolio, with a focus on precious metals such as gold, silver, and platinum group metals, as well as energy comprising oil, gas, and natural gas liquids.

Read More on FNV:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More
Videos