Sandip Rana Sells 5,675 Shares of Franco-Nevada Co. (TSE:FNV) Stock

Franco-Nevada Co. (TSE:FNV) (NYSE:FNV) Senior Officer Sandip Rana sold 5,675 shares of the business’s stock in a transaction on Thursday, March 20th. The stock was sold at an average price of C$223.86, for a total transaction of C$1,270,422.53.

Franco-Nevada Stock Down 0.3 %

TSE:FNV opened at C$222.50 on Wednesday. The company has a market cap of C$30.19 billion, a PE ratio of -48.05, a P/E/G ratio of 5.00 and a beta of 0.68. The business’s 50 day moving average is C$202.10 and its two-hundred day moving average is C$182.35. Franco-Nevada Co. has a 52 week low of C$154.38 and a 52 week high of C$226.04.

Analysts Set New Price Targets

A number of equities analysts have commented on FNV shares. TD Securities lowered 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 report on Tuesday, March 11th. CIBC increased their price target on Franco-Nevada from C$235.00 to C$245.00 in a report on Monday, December 2nd. Finally, National Bankshares lowered their price objective on Franco-Nevada from C$220.00 to C$215.00 in a research note on Tuesday, March 11th. Two research analysts have rated the stock with a hold rating, four have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Buy” and an average 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.