Shares of Fresnillo plc (LON:FRES – Get Free Report) have earned an average recommendation of “Hold” from the six analysts that are currently covering the stock, Marketbeat reports. Four investment analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 1 year price objective among brokerages that have covered the stock in the last year is GBX 3,516.67.
A number of analysts recently weighed in on the stock. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a GBX 3,200 price target on shares of Fresnillo in a research report on Monday, September 14th. Jefferies Financial Group reiterated a “hold” rating and issued a GBX 2,700 price target on shares of Fresnillo in a report on Tuesday, August 4th. Berenberg Bank reissued a “hold” rating and issued a GBX 2,800 price objective on shares of Fresnillo in a research report on Thursday. JPMorgan Chase & Co. cut Fresnillo to an “overweight” rating and reduced their price objective for the stock from GBX 5,400 to GBX 4,700 in a research note on Thursday, July 16th. Finally, Canaccord Genuity Group decreased their target price on Fresnillo from GBX 2,900 to GBX 2,700 and set a “hold” rating for the company in a research report on Thursday.
View Our Latest Analysis on FRES
Fresnillo Price Performance
Fresnillo stock opened at GBX 2,500 on Thursday. Fresnillo has a 52-week low of GBX 2,012 and a 52-week high of GBX 4,472. The firm has a fifty day moving average of GBX 2,911.37 and a 200-day moving average of GBX 3,017.70. The firm has a market capitalization of £18.42 billion, a P/E ratio of 8.08, a PEG ratio of -1.58 and a beta of 0.81. The company has a quick ratio of 3.28, a current ratio of 6.35 and a debt-to-equity ratio of 16.67.
Fresnillo Company Profile
Fresnillo plc is the world’s largest silver producer and Mexico’s largest gold producer, listed on the London and Mexican stock exchanges.
The Group seeks to create value for stakeholders across precious metal cycles, focusing on high-potential silver and gold projects that can be developed into low cost, world-class mines.
Following a decade of consistent and successful progress, the Group is now focused on consolidating its growth and advancing its pipeline in order to deliver further growth in the years ahead.
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