Citigroup reaffirmed their neutral rating on shares of Fresnillo (LON:FRES) in a research note issued to investors on Wednesday, February 28th. They currently have a GBX 1,395 ($19.27) price objective on the stock.
A number of other analysts have also recently commented on the stock. Jefferies Group assumed coverage on shares of Fresnillo in a research report on Wednesday, November 29th. They issued a buy rating and a GBX 1,600 ($22.11) price objective for the company. Numis Securities reduced their target price on shares of Fresnillo from GBX 1,500 ($20.72) to GBX 1,400 ($19.34) and set a hold rating for the company in a research note on Friday, December 15th. JPMorgan Chase & Co. restated a neutral rating and set a GBX 1,450 ($20.03) price objective on shares of Fresnillo in a research note on Thursday, January 25th. Barclays reduced their price objective on shares of Fresnillo from GBX 1,350 ($18.65) to GBX 1,340 ($18.51) and set an equal weight rating for the company in a research note on Monday, January 8th. Finally, Goldman Sachs Group upgraded shares of Fresnillo to a neutral rating in a research note on Friday, December 8th. Nine equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Fresnillo presently has a consensus rating of Hold and a consensus price target of GBX 1,464.55 ($20.23).
Fresnillo (LON FRES) traded down GBX 11.50 ($0.16) during mid-day trading on Wednesday, reaching GBX 1,216 ($16.80). 888,310 shares of the company traded hands, compared to its average volume of 1,260,000. The company has a market cap of $8,960.00 and a PE ratio of 2,251.85. Fresnillo has a 1 year low of GBX 1,174 ($16.22) and a 1 year high of GBX 1,746 ($24.12).
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 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fresnillo and related companies with MarketBeat.com's FREE daily email newsletter.