Franco-Nevada Corporation (FNV) Trades at $71.22 Forming Wedge Down Chart Pattern

April 16, 2018 - By Madeline Delgado

Franco-Nevada Corporation (NYSE:FNV) Corporate Logo

Franco-Nevada Corporation (FNV) shows a down wedge technical pattern with $66.23 price target. That’s 7.00 % below today’s $71.22 stock price. At $66.23 price target, the company’s valuation could be $891.24 million less.

Its shares touched $71.22 on during the last trading session after 0.25% change.Franco-Nevada Corporation has volume of 401,172 shares. Since April 16, 2017 FNV has risen 5.44% and is uptrending. The stock underperformed the S&P500 by 6.11%.

Analysts await Franco-Nevada Corporation (NYSE:FNV) to report earnings on May, 8. They expect $0.28 EPS, up 12.00 % or $0.03 from last year’s $0.25 per share. FNV’s profit will be $50.06M for 63.59 P/E if the $0.28 EPS becomes a reality. After $0.28 actual EPS reported by Franco-Nevada Corporation for the previous quarter, Wall Street now forecasts 0.00 % EPS growth.

Franco-Nevada Corporation (NYSE:FNV) Ratings Coverage

In total 2 analysts cover Franco Nev Corp (NYSE:FNV). “Buy” rating has 1, “Sell” are 0, while 1 are “Hold”. 50% are bullish. 3 are the (NYSE:FNV)’s analyst reports since October 19, 2017 according to StockzIntelligence Inc. On Monday, January 22 the stock of Franco-Nevada Corporation (NYSE:FNV) earned “Hold” rating by Scotia Capital. In Thursday, October 19 report TD Securities maintained the stock with “Buy” rating. On Friday, December 1 the firm has “Buy” rating by TD Securities given.

Franco-Nevada Corporation (NYSE:FNV) Analyst Ratings Chart

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