Franco-Nevada Co. (TSE:FNV) Senior Officer Sells C$357,620.50 in Stock

Franco-Nevada Co. (TSE:FNV) (NYSE:FNV) Senior Officer Lena Miller sold 1,700 shares of the company’s stock in a transaction dated Wednesday, March 12th. The stock was sold at an average price of C$210.37, for a total value of C$357,620.50.

Franco-Nevada Stock Up 1.7 %

Shares of TSE FNV opened at C$220.26 on Friday. The company has a market capitalization of C$29.89 billion, a PE ratio of -47.57, a P/E/G ratio of 5.00 and a beta of 0.68. Franco-Nevada Co. has a twelve month low of C$153.65 and a twelve month high of C$221.06. The firm has a fifty day simple moving average of C$196.24 and a 200 day simple moving average of C$179.55.

Analysts Set New Price Targets

Several analysts have recently weighed in on the company. National Bankshares reduced their price target on Franco-Nevada from C$220.00 to C$215.00 in a report on Tuesday. CIBC boosted their target price on shares of Franco-Nevada from C$235.00 to C$245.00 in a report on Monday, December 2nd. UBS Group raised shares of Franco-Nevada to a “strong-buy” rating in a research note on Monday, November 18th. TD Securities cut shares of Franco-Nevada from a “buy” rating to a “hold” rating and set a C$152.00 price objective on the stock. in a research note on Tuesday. Finally, Canaccord Genuity Group decreased their price objective on Franco-Nevada from C$198.00 to C$190.00 and set a “strong-buy” rating for the company in a report on Monday, November 18th. Two investment analysts have rated the stock with a hold rating, four have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, Franco-Nevada has an average rating of “Buy” and a consensus price target of C$194.10.

About Franco-Nevada

Franco-Nevada Corporation operates as a gold-focused royalty and streaming company in South America, Central America, Mexico, the United States, Canada, and internationally. It operates through Mining and Energy segments. The company manages its portfolio with a focus on precious metals, such as gold, silver, and platinum group metals; and engages in the sale of crude oil, natural gas, and natural gas liquids through a third-party marketing agent.