Franco-Nevada Co. (TSE:FNV) Director Boris De Vries Sells 2,000 Shares

Franco-Nevada Co. (TSE:FNV) (NYSE:FNV) Director Boris De Vries sold 2,000 shares of the firm’s stock in a transaction on Monday, March 17th. The stock was sold at an average price of C$221.47, for a total value of C$442,940.00.

Boris De Vries also recently made the following trade(s):

• On Thursday, March 13th, Boris De Vries sold 500 shares of Franco-Nevada stock. The stock was sold at an average price of C$217.08, for a total value of C$108,540.35.

Franco-Nevada Stock Performance

FNV stock opened at C$220.30 on Tuesday. Franco-Nevada Co. has a fifty-two week low of C$154.18 and a fifty-two week high of C$223.14. The business’s 50 day moving average price is C$197.18 and its two-hundred day moving average price is C$180.08. The company has a market capitalization of C$29.89 billion, a price-to-earnings ratio of -47.58, a price-to-earnings-growth ratio of 5.00 and a beta of 0.68.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on FNV shares. National Bankshares dropped their price objective on Franco-Nevada from C$220.00 to C$215.00 in a research note on Tuesday, March 11th. CIBC lifted their price objective on Franco-Nevada from C$235.00 to C$245.00 in a report on Monday, December 2nd. UBS Group upgraded Franco-Nevada to a “strong-buy” rating in a report on Monday, November 18th. TD Securities downgraded Franco-Nevada from a “buy” rating to a “hold” rating and set a C$152.00 price objective on the stock. in a report on Tuesday, March 11th. Finally, Canaccord Genuity Group reduced their price target on Franco-Nevada from C$198.00 to C$190.00 and set a “strong-buy” rating on the stock in a report on Monday, November 18th. Two analysts have rated the stock with a hold rating, four have given a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price 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.