Zacks Investment Research upgraded shares of Fresnillo Plc (NASDAQ:FNLPF) from a hold rating to a buy rating in a research note published on Friday. They currently have $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. “
A number of other brokerages have also recently issued reports on FNLPF. HSBC reissued a hold rating on shares of Fresnillo Plc in a report on Thursday, July 7th. Deutsche Bank AG reissued a sell rating on shares of Fresnillo Plc in a report on Monday, July 11th. JPMorgan Chase & Co. cut Fresnillo Plc from an overweight rating to a neutral rating in a report on Tuesday, July 5th. Finally, Goldman Sachs Group Inc. reaffirmed a neutral rating on shares of Fresnillo Plc in a report on Monday, June 27th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company’s stock. Fresnillo Plc has an average rating of Hold and a consensus target price of $26.00.
Fresnillo Plc (NASDAQ:FNLPF) opened at 23.40 on Friday. Fresnillo Plc has a 1-year low of $9.00 and a 1-year high of $26.65. The firm has a market capitalization of $17.24 billion and a price-to-earnings ratio of 106.85. The company has a 50 day moving average price of $23.11 and a 200-day moving average price of $19.33.
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