Insider Selling: Franco-Nevada Co. (TSE:FNV) Senior Officer Sells 731 Shares of Stock

Franco-Nevada Co. (TSE:FNV) (NYSE:FNV) Senior Officer Christopher Bell sold 731 shares of the business’s stock in a transaction dated Tuesday, March 25th. The stock was sold at an average price of C$224.94, for a total transaction of C$164,432.82.

Franco-Nevada Stock Up 2.8 %

FNV opened at C$224.94 on Friday. The firm has a market cap of C$30.52 billion, a P/E ratio of -48.58, a PEG ratio of 5.00 and a beta of 0.68. The business’s fifty day simple moving average is C$203.74 and its 200 day simple moving average is C$183.10. Franco-Nevada Co. has a 52 week low of C$156.31 and a 52 week high of C$226.04.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. TD Securities lowered Franco-Nevada from a “buy” rating to a “hold” rating and set a C$152.00 price target on the stock. in a research note on Tuesday, March 11th. CIBC upped their target price on Franco-Nevada from C$235.00 to C$245.00 in a report on Monday, December 2nd. Finally, National Bankshares cut their price target on Franco-Nevada from C$220.00 to C$215.00 in a research note on Tuesday, March 11th. Two equities research analysts have rated the stock with a hold rating, four have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, Franco-Nevada currently has an average rating of “Buy” and a consensus target price of C$194.10.

Franco-Nevada Company Profile

Franco-Nevada Corporation operates as a gold-focused royalty and streaming company in South America, Central America, Mexico, the United States, Canada, and internationally. It operates through Mining and Energy segments. The company manages its portfolio with a focus on precious metals, such as gold, silver, and platinum group metals; and engages in the sale of crude oil, natural gas, and natural gas liquids through a third-party marketing agent.