Franco-Nevada Co. (TSE:FNV) Senior Officer Sells C$1,270,422.53 in Stock

Franco-Nevada Co. (TSE:FNV) (NYSE:FNV) Senior Officer Sandip Rana sold 5,675 shares of the firm’s stock in a transaction on Thursday, March 20th. The shares were sold at an average price of C$223.86, for a total transaction of C$1,270,422.53.

Franco-Nevada Trading Up 0.6 %

Franco-Nevada stock traded up C$1.37 during midday trading on Monday, hitting C$224.90. The stock had a trading volume of 14,027 shares, compared to its average volume of 281,578. The business has a fifty day moving average price of C$200.41 and a 200 day moving average price of C$181.59. Franco-Nevada Co. has a 12 month low of C$154.38 and a 12 month high of C$225.77. The stock has a market cap of C$30.52 billion, a P/E ratio of -48.57, a P/E/G ratio of 5.00 and a beta of 0.68.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the stock. CIBC upped their price objective on shares of Franco-Nevada from C$235.00 to C$245.00 in a research report on Monday, December 2nd. National Bankshares reduced their price target on Franco-Nevada from C$220.00 to C$215.00 in a report on Tuesday, March 11th. Finally, TD Securities lowered 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. Two equities research analysts have rated the stock with a hold rating, four have issued a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target 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.