Insider Selling: Franco-Nevada Co. (TSE:FNV) Senior Officer Sells 5,675 Shares of Stock

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

Franco-Nevada Trading Down 1.6 %

FNV stock opened at C$218.88 on Thursday. The firm has a market cap of C$29.70 billion, a PE ratio of -47.27, a price-to-earnings-growth ratio of 5.00 and a beta of 0.68. The stock has a 50-day moving average price of C$202.84 and a 200-day moving average price of C$182.70. Franco-Nevada Co. has a 1-year low of C$154.75 and a 1-year high of C$226.04.

Analyst Ratings Changes

Several brokerages have issued reports on FNV. CIBC increased their price target on Franco-Nevada from C$235.00 to C$245.00 in a report on Monday, December 2nd. TD Securities cut Franco-Nevada from a “buy” rating to a “hold” rating and set a C$152.00 price target for the company. in a research report on Tuesday, March 11th. Finally, National Bankshares decreased their price objective on shares of Franco-Nevada from C$220.00 to C$215.00 in a research report on Tuesday, March 11th. Two research analysts have rated the stock with a hold rating, four have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average 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.