Analyst Ratings Coverage

STA Research (Rank #24) on Monday December 4th, issued a research report on Franco-Nevada’s stock, and upgraded the stock to a “Speculative Buy” from “Hold”, based on a more attractive valuation.  The research company also maintained the 12 month target forecast of $175 on the stock.

In addition, TD Securities maintained a “Hold” rating for Franco Nevada with a target price of CAD 169, while BMO Capital Markets downgraded the target price to CAD 200 but retained an “Outperform” recommendation.

Franco-Nevada Stock Analysis

Franco-Nevada Corporation, a prominent player in the mining and resource sector, is currently under the analytical spotlight as 10 industry experts provide insights into its stock forecast. Based on their collective assessment, the outlook for Franco-Nevada Corporation appears promising, painting a picture of potential growth and positive performance.

Analyst Target Price and Rating: The consensus among the 10 analysts points to an average target price of CAD 204.59 for Franco-Nevada Corporation over the next 12 months. This figure serves as a key indicator of the anticipated value of the stock, providing investors with valuable guidance for their decision-making. The unanimous agreement among analysts on the Strong Buy rating suggests a high degree of confidence in the company’s future prospects.

Stock Target Advisor’s Analysis: Stock Target Advisor, a reputable source for stock market insights, has conducted its own analysis of Franco-Nevada Corporation. Their evaluation categorizes the stock as “Slightly Bullish,” reinforcing the positive sentiment echoed by the Strong Buy rating from analysts. This assessment is grounded in a thorough examination of 10 positive signals, further validating the optimistic outlook for Franco-Nevada Corporation. However, it’s crucial to note that the analysis also identifies 5 negative signals, reminding investors to exercise prudence and consider potential risks.

Recent Stock Performance: As of the last closing, Franco-Nevada Corporation’s stock was valued at CAD 152.71. This figure serves as a snapshot of the company’s current standing in the market. However, the stock has experienced fluctuations over various time frames. Over the past week, there has been a decline of -4.40%, indicating short-term volatility. Looking at the past month, the stock has shown a decrease of -10.40%, and over the last year, it has undergone a more significant change, dropping by -22.04%.

Implications for Investors: For investors contemplating Franco-Nevada Corporation, these insights provide a multifaceted view of the company’s trajectory. The positive target price, Strong Buy rating, and Slightly Bullish analysis suggest a favorable environment for potential returns. However, the inclusion of negative signals in Stock Target Advisor’s analysis emphasizes the importance of conducting thorough due diligence and considering the inherent risks associated with any investment.