Analyst Ratings for Franco-Nevada Corp. (FNV)

Updated: 2017-07-29

Franco-Nevada Corp. (NYSE:FNV) was awarded an average rating of Overweight from investment analysts following the stock. About 30 days ago, FNV was issued an average rating of Overweight.

A buy rating was issued by 9 analysts, 1 issued an overweight rating, 7 issued a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has increased by 0.

FNV was given price targets by several analysts. The maximum price target given was 118, implying potential capital gains of 62.62 percent. The most pessimistic price target was 84.85, which equates to a potential downside of 16.94 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Analysts have revised their earnings estimates downwards for this quarter, by about -3.03 percent on average, compared to last month. That number becomes 7.96 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised downwards by -1.85 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 3.9 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, while 1 analysts revised their estimates downwards. During this time, 4 analysts made positive revisions in their estimates for this fiscal year's earnings, while 1 analysts decreased their estimates.

FNV has an estimated earnings growth rate of 2.75 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of FNV is 26.61.

In the last 52-weeks, FNV has achieved a high of 81.16 and a low of 53.31. The current market price is above the trailing year's low by 36.11 percent, and 10.6 percent lower than its 52-week high. FNV has a price/earnings ratio of 73.18. Investors typically compare the P/E ratio to a company's peers in the industry. The FNV value stock report compares FNV to some of its peers using value stock charts. The stock has a market capitalization of $16.28 billion. FNV's next earnings release will be on 0000-00-00, which is days away.