Analysts Set Fresnillo plc (LON:FRES) Target Price at GBX 3,556.67

Shares of Fresnillo plc (LON:FRESGet Free Report) have received an average recommendation of “Hold” from the six research firms that are currently covering the stock, MarketBeat Ratings reports. Four analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is GBX 3,490.

A number of analysts recently weighed in on the stock. JPMorgan Chase & Co. lowered shares of Fresnillo to an “overweight” rating and decreased their target price for the stock from GBX 5,400 to GBX 4,700 in a report on Thursday, July 16th. Berenberg Bank cut their price target on shares of Fresnillo from GBX 3,300 to GBX 2,900 and set a “hold” rating for the company in a report on Wednesday. Royal Bank Of Canada restated a “sector perform” rating and set a GBX 3,200 price target on shares of Fresnillo in a research report on Friday. Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 2,700 price target on shares of Fresnillo in a report on Tuesday, August 4th. Finally, Citigroup upped their price target on shares of Fresnillo from GBX 4,600 to GBX 5,000 and gave the stock a “buy” rating in a report on Monday, April 13th.

View Our Latest Analysis on Fresnillo

Fresnillo Price Performance

FRES stock opened at GBX 2,864 on Tuesday. The firm has a 50 day moving average of GBX 2,791.35 and a 200-day moving average of GBX 3,322.94. The company has a current ratio of 6.35, a quick ratio of 3.28 and a debt-to-equity ratio of 16.67. Fresnillo has a 12 month low of GBX 1,617 and a 12 month high of GBX 4,472. The firm has a market capitalization of £21.10 billion, a P/E ratio of 15.25, a price-to-earnings-growth ratio of -1.58 and a beta of 0.70.

Fresnillo Company Profile

(Get Free Report)

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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Analyst Recommendations for Fresnillo (LON:FRES)

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