Raymond James Forecasts Strong Price Appreciation for Franco-Nevada (NYSE:FNV) Stock

Franco-Nevada (NYSE:FNV) (TSE:FNV) had its target price lifted by analysts at Raymond James from $160.00 to $162.00 in a research report issued to clients and investors on Tuesday,BayStreet.CA reports. The brokerage presently has an “outperform” rating on the basic materials company’s stock. Raymond James’ target price would indicate a potential upside of 9.92% from the stock’s current price. Raymond James also issued estimates for Franco-Nevada’s Q2 2025 earnings at $0.96 EPS.

A number of other equities analysts have also issued reports on the company. HC Wainwright raised their target price on Franco-Nevada from $155.00 to $165.00 and gave the stock a “buy” rating in a research note on Tuesday. Canaccord Genuity Group upgraded Franco-Nevada from a “hold” rating to a “buy” rating in a research note on Monday, November 18th. UBS Group lifted their price target on Franco-Nevada from $165.00 to $170.00 and gave the company a “buy” rating in a research report on Tuesday. Scotiabank upped their price objective on Franco-Nevada from $145.00 to $150.00 and gave the stock a “sector perform” rating in a research report on Tuesday. Finally, TD Securities lowered shares of Franco-Nevada from a “buy” rating to a “hold” rating and set a $152.00 target price for the company. in a report on Tuesday. Five analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $153.63.

Franco-Nevada Stock Up 1.1 %

Shares of NYSE FNV opened at $147.39 on Tuesday. Franco-Nevada has a twelve month low of $112.70 and a twelve month high of $148.71. The firm has a market cap of $28.38 billion, a PE ratio of -46.64, a price-to-earnings-growth ratio of 9.78 and a beta of 0.73. The business has a fifty day simple moving average of $134.87 and a two-hundred day simple moving average of $127.60.

Franco-Nevada (NYSE:FNV) (TSE:FNV) last issued its quarterly earnings data on Monday, March 10th. The basic materials company reported $0.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.90 by $0.05. The company had revenue of $321.00 million for the quarter, compared to analyst estimates of $304.33 million. Franco-Nevada had a negative net margin of 55.28% and a positive return on equity of 10.55%. Franco-Nevada’s revenue was up 5.8% compared to the same quarter last year. During the same period last year, the company posted $0.90 earnings per share. On average, research analysts expect that Franco-Nevada will post 3.09 earnings per share for the current year.

Institutional Investors Weigh In On Franco-Nevada

Several large investors have recently bought and sold shares of the company. Laurel Wealth Advisors LLC acquired a new position in Franco-Nevada during the fourth quarter worth about $47,000. Physician Wealth Advisors Inc. acquired a new stake in Franco-Nevada during the fourth quarter worth about $49,000. Point72 DIFC Ltd purchased a new position in Franco-Nevada during the third quarter worth about $52,000. Harbour Investments Inc. raised its stake in Franco-Nevada by 25.8% during the fourth quarter. Harbour Investments Inc. now owns 453 shares of the basic materials company’s stock worth $53,000 after purchasing an additional 93 shares during the period. Finally, Erste Asset Management GmbH acquired a new position in Franco-Nevada in the 3rd quarter valued at about $55,000. 77.06% of the stock is currently owned by hedge funds and other institutional investors.

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.