Morgan Stanley upgraded shares of Fresnillo PLC (OTCMKTS:FNLPF) from an underweight rating to an equal weight rating in a research report sent to investors on Wednesday, StockTargetPrices.com reports.
Several other research firms have also recently commented on FNLPF. HSBC cut shares of Fresnillo PLC from a buy rating to a hold rating in a research note on Friday, July 8th. JPMorgan Chase & Co. lowered shares of Fresnillo PLC from an overweight rating to a neutral rating in a report on Tuesday, July 5th. Finally, Goldman Sachs Group Inc. upgraded shares of Fresnillo PLC from a sell rating to a neutral rating in a report on Monday, June 27th. Four research analysts have rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company. The company currently has an average rating of Hold and an average price target of $11.00.
Fresnillo PLC (OTCMKTS:FNLPF) opened at 23.23 on Wednesday. The company has a 50-day moving average price of $22.95 and a 200 day moving average price of $19.59. The stock has a market cap of $17.12 billion, a price-to-earnings ratio of 106.07 and a beta of 0.85. Fresnillo PLC has a 12-month low of $9.00 and a 12-month high of $26.65.
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