Fresnillo (LON:FRES) Given “Sector perform” Rating at Royal Bank Of Canada

Fresnillo (LON:FRES – Get Free Report)‘s stock had its “sector perform” rating restated by Royal Bank Of Canada in a research report issued on Monday, Digital Look reports. They currently have a GBX 3,200 price objective on the stock. Royal Bank Of Canada’s target price would suggest a potential upside of 9.55% from the stock’s current price.

FRES has been the topic of a number of other reports. JPMorgan Chase & Co. downgraded Fresnillo to an “overweight” rating and cut their price objective for the stock from GBX 5,400 to GBX 4,700 in a report on Thursday, July 16th. Berenberg Bank dropped their target price on shares of Fresnillo from GBX 3,300 to GBX 2,900 and set a “hold” rating for the company in a research report on Wednesday, August 5th. Finally, Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 2,700 price target on shares of Fresnillo in a research report on Tuesday, August 4th. Two investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of GBX 3,490.

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Fresnillo Trading Up 0.3%

FRES stock opened at GBX 2,921 on Monday. The company has a quick ratio of 3.28, a current ratio of 6.35 and a debt-to-equity ratio of 16.67. The company has a market cap of £21.52 billion, a price-to-earnings ratio of 9.44, a PEG ratio of -1.58 and a beta of 0.77. The business has a fifty day simple moving average of GBX 2,828.53 and a 200-day simple moving average of GBX 3,160.41. Fresnillo has a 52 week low of GBX 2,000 and a 52 week high of GBX 4,472.

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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