Fresnillo Stock Rating Remains 'Sector Perform' Despite Broader Market Moves
Fresnillo's (LON:FRES) stock rating remains unchanged at 'sector perform' by Royal Bank Of Canada, according to a research note issued on Friday. The bank currently has a GBX 3,200 price target on the stock, which would indicate a potential upside of 10.84% from the current price.
Several other brokerages have recently weighed in on FRES, with Citigroup raising its price target to GBX 5,000 and giving the stock a 'buy' rating, while JPMorgan Chase & Co. downgraded shares to an 'overweight' rating and cut their price objective from GBX 5,400 to GBX 4,700.
Fresnillo has an average rating of 'Hold' among analysts, with two giving the stock a 'Buy' rating and four assigning it a 'Hold' rating. The company's market cap is £21.27 billion, and its price-to-earnings ratio is 15.37.