Zacks Investment Research upgraded shares of Fresnillo Plc (NASDAQ:FNLPF) from a hold rating to a buy rating in a research report report published on Friday. Zacks Investment Research currently has $26.00 price target on the stock.
According to Zacks, “Fresnillo plc is silver and gold mining and exploration company. It also produces lead and zinc concentrates, silver precipitates, gold and silver dore bars and leases mining equipment. The Company has properties in Mexico. Fresnillo also holds interests in properties located in Zacatecas, Durango and Sonora. Fresnillo plc is headquartered in Mexico. “
Several other brokerages also recently weighed in on FNLPF. HSBC reaffirmed a hold rating on shares of Fresnillo Plc in a report on Thursday, July 7th. Deutsche Bank AG reaffirmed a sell rating on shares of Fresnillo Plc in a report on Monday, July 11th. JPMorgan Chase & Co. downgraded shares of Fresnillo Plc from an overweight rating to a neutral rating in a report on Tuesday, July 5th. Finally, Goldman Sachs Group Inc. reissued a neutral rating on shares of Fresnillo Plc in a report on Monday, June 27th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the stock. The company presently has an average rating of Hold and a consensus price target of $26.00.
Shares of Fresnillo Plc (NASDAQ:FNLPF) opened at 23.38 on Friday. The company has a market capitalization of $17.23 billion and a PE ratio of 106.76. The company has a 50 day moving average price of $23.24 and a 200 day moving average price of $19.07. Fresnillo Plc has a 1-year low of $8.70 and a 1-year high of $26.65.
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