Insider Selling: Franco-Nevada Co. (TSE:FNV) Senior Officer Sells 731 Shares of Stock

Franco-Nevada Co. (TSE:FNV) (NYSE:FNV) Senior Officer Christopher Bell sold 731 shares of the stock in a transaction on Tuesday, March 25th. The shares were sold at an average price of C$224.94, for a total transaction of C$164,432.82.

Franco-Nevada Trading Down 1.1 %

Shares of FNV stock opened at C$222.56 on Friday. The company has a market capitalization of C$30.20 billion, a P/E ratio of -48.06, a price-to-earnings-growth ratio of 5.00 and a beta of 0.68. The business’s 50 day moving average is C$204.55 and its two-hundred day moving average is C$183.63. Franco-Nevada Co. has a twelve month low of C$156.31 and a twelve month high of C$227.84.

Analysts Set New Price Targets

FNV has been the subject of several research analyst reports. TD Securities downgraded shares of Franco-Nevada from a “buy” rating to a “hold” rating and set a C$152.00 price objective for the company. in a research note on Tuesday, March 11th. CIBC raised their price target on Franco-Nevada from C$235.00 to C$245.00 in a research note on Monday, December 2nd. Finally, National Bankshares reduced their price objective on Franco-Nevada from C$220.00 to C$215.00 in a research note on Tuesday, March 11th. Two investment 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.com, the company currently has an average rating of “Buy” and a consensus target price of C$194.10.

Franco-Nevada Company Profile

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.