Headlines about Franco Nevada (NYSE:FNV) (TSE:FNV) have trended somewhat positive this week, according to Accern. The research firm scores the sentiment of press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Franco Nevada earned a daily sentiment score of 0.17 on Accern’s scale. Accern also assigned media coverage about the basic materials company an impact score of 46.5649322594557 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the headlines that may have impacted Accern’s rankings:
- Franco Nevada (FNV) Downgraded by Zacks Investment Research (americanbankingnews.com)
- Ex-Dividend Reminder: Franco-Nevada, Huntsman and Albemarle – Nasdaq (nasdaq.com)
- National Bank Financial Comments on Franco Nevada Corp’s FY2018 Earnings (FNV) (americanbankingnews.com)
- Credit Suisse Group Analysts Give Franco Nevada (FNV) a $80.00 Price Target (americanbankingnews.com)
- Franco-Nevada Corporation (FNV) adjusted -5.49% down to SMA-20 – The Stocks News (press release) (thestocksnews.com)
Franco Nevada (FNV) traded up $0.63 during trading on Tuesday, hitting $69.32. The company had a trading volume of 491,812 shares, compared to its average volume of 734,671. Franco Nevada has a 12-month low of $60.57 and a 12-month high of $86.06. The stock has a market capitalization of $12,770.00, a P/E ratio of 65.40, a PEG ratio of 14.10 and a beta of -0.02.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 29th. Investors of record on Thursday, March 15th will be issued a dividend of $0.23 per share. The ex-dividend date is Wednesday, March 14th. This represents a $0.92 annualized dividend and a yield of 1.33%. Franco Nevada’s dividend payout ratio is presently 86.79%.
A number of analysts recently weighed in on FNV shares. Zacks Investment Research downgraded Franco Nevada from a “strong-buy” rating to a “hold” rating in a research note on Monday. TD Securities decreased their price target on Franco Nevada from $96.00 to $93.00 and set a “buy” rating on the stock in a research note on Friday. Raymond James Financial decreased their price target on Franco Nevada from $93.00 to $91.00 and set an “outperform” rating on the stock in a research note on Friday. Credit Suisse Group set a $80.00 price target on Franco Nevada and gave the company a “hold” rating in a research note on Friday. Finally, Desjardins restated a “sell” rating on shares of Franco Nevada in a research note on Monday, December 11th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and five have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $88.00.
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About Franco Nevada
Franco-Nevada Corporation (Franco-Nevada) is a gold-focused royalty and stream company. The Company has interests in silver, platinum group metals, oil and gas and other resource assets. The Company is engaged in resource sector royalty/stream acquisitions and management activities. It has a portfolio of properties in the United States, Canada, Mexico, Peru, Chile and Africa.
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