Paul Brink Sells 5,448 Shares of Franco-Nevada Co. (TSE:FNV) Stock

Franco-Nevada Co. (TSE:FNV) (NYSE:FNV) Director Paul Brink sold 5,448 shares of Franco-Nevada stock in a transaction dated Tuesday, March 25th. The shares were sold at an average price of C$223.81, for a total transaction of C$1,219,335.40.

Franco-Nevada Price Performance

FNV opened at C$222.56 on Friday. The company has a market capitalization of C$30.20 billion, a PE ratio of -48.06, a price-to-earnings-growth ratio of 5.00 and a beta of 0.68. The business has a fifty day simple moving average of C$204.55 and a 200 day simple moving average of C$183.50. Franco-Nevada Co. has a 1 year low of C$156.31 and a 1 year high of C$227.84.

Analysts Set New Price Targets

A number of research firms recently commented on FNV. National Bankshares reduced their price target on Franco-Nevada from C$220.00 to C$215.00 in a report on Tuesday, March 11th. CIBC lifted their target price on Franco-Nevada from C$235.00 to C$245.00 in a research note on Monday, December 2nd. Finally, TD Securities cut Franco-Nevada from a “buy” rating to a “hold” rating and set a C$152.00 price target on the stock. in a research note on Tuesday, March 11th. Two analysts have rated the stock with a hold rating, four have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price 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.