A number of other analysts have also issued reports on the company. Deutsche Bank AG boosted their target price on Fresnillo Plc from GBX 1,210 ($14.98) to GBX 1,290 ($15.97) and gave the company a sell rating in a research report on Wednesday, October 5th. HSBC raised Fresnillo Plc to a buy rating in a research report on Thursday, September 29th. Morgan Stanley raised Fresnillo Plc to an equal weight rating and boosted their target price for the company from GBX 1,520 ($18.81) to GBX 1,620 ($20.05) in a research report on Tuesday, September 27th. Macquarie reissued a neutral rating and issued a GBX 1,600 ($19.80) target price on shares of Fresnillo Plc in a research report on Tuesday, September 20th. Finally, Credit Suisse Group AG reissued an outperform rating on shares of Fresnillo Plc in a research report on Friday, August 5th. Four analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have given a buy rating to the stock. The stock currently has an average rating of Hold and an average price target of GBX 1,210.91 ($14.99).
Shares of Fresnillo Plc (LON:FRES) traded down 0.67% during midday trading on Tuesday, hitting GBX 1636.00. The stock had a trading volume of 640,396 shares. Fresnillo Plc has a 52-week low of GBX 612.50 and a 52-week high of GBX 2,057.21. The firm’s 50 day moving average price is GBX 1,710.11 and its 200 day moving average price is GBX 1,464.34. The firm’s market cap is GBX 12.06 billion.
About Fresnillo Plc
Fresnillo plc is a holding company. Through its subsidiaries, the Company is engaged in the mining and beneficiation of non-ferrous minerals, and the sale of related production. The primary contents of this production include silver, gold, lead and zinc. The Company has six operating mines: Fresnillo, located in the State of Zacatecas, which is primary silver mine; Saucito, located in the State of Zacatecas, an underground silver mine; Cienega, located in the State of Durango, an underground gold mine, including the San Ramon satellite mine; Herradura, located in the State of Sonora, a surface gold mine; Soledad-Dipolos mine, located in the State of Sonora, a surface gold mine, and Noche Buena, located in State of Sonora, a surface gold mine.
Receive News & Ratings for Fresnillo Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fresnillo Plc and related companies with MarketBeat.com's FREE daily email newsletter.