Fresnillo Plc (LON:FRES) had its price objective cut by Barclays PLC from GBX 1,500 ($19.79) to GBX 1,350 ($17.81) in a research report released on Friday, July 14th. They currently have an equal weight rating on the stock.
A number of other brokerages also recently issued reports on FRES. Deutsche Bank AG lowered their price objective on Fresnillo Plc from GBX 1,150 ($15.17) to GBX 1,120 ($14.77) and set a hold rating for the company in a research report on Friday, March 17th. HSBC Holdings plc reiterated a buy rating and issued a GBX 1,830 ($24.14) target price on shares of Fresnillo Plc in a report on Tuesday, May 2nd. Goldman Sachs Group, Inc. (The) reiterated a sell rating and issued a GBX 1,050 ($13.85) target price on shares of Fresnillo Plc in a report on Thursday, March 16th. Macquarie lifted their target price on Fresnillo Plc from GBX 1,300 ($17.15) to GBX 1,800 ($23.74) and gave the stock a neutral rating in a report on Thursday, June 8th. Finally, J P Morgan Chase & Co reiterated a neutral rating and issued a GBX 1,650 ($21.76) target price on shares of Fresnillo Plc in a report on Thursday, April 27th. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating and one has assigned a buy rating to the stock. The stock presently has an average rating of Hold and a consensus price target of GBX 1,443.18 ($19.04).
Fresnillo Plc (LON:FRES) opened at 1457.00 on Friday. The company has a 50 day moving average price of GBX 1,519.15 and a 200 day moving average price of GBX 1,517.33. Fresnillo Plc has a 12 month low of GBX 1,052.00 and a 12 month high of GBX 2,035.15. The firm’s market capitalization is GBX 10.74 billion.
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Fresnillo Plc Company Profile
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.
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