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

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: