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.

Investment analysts gave a few price targets for FNV. The most optimistic analyst gave a price target of 118, implying potential capital gains of 62.62 percent. The lowest price target was 84.85, implying a possible loss of 16.94 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -3.03 percent. The average change in earnings estimates over the last 90 days is 7.96 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -1.85 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 3.9 percent.

People are often interested in whether analysts were united in the direction of their revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 1 analysts that decreased their estimates. 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. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of FNV is 26.61.

FNV has a 52-week high of 81.16 and a 52-week low of 53.31. Today's price is 36.11 percent above the 52-week low, and below the high by 10.6 percent. FNV has a P/E 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.