Franco Nevada (TSE:FNV) (NYSE:FNV) had its target price upped by JPMorgan Chase & Co. from C$97.50 to C$110.00 in a research report sent to investors on Monday morning, BayStreet.CA reports.

FNV has been the subject of a number of other reports. Royal Bank of Canada decreased their target price on Analog Devices from $140.00 to $120.00 and set an outperform rating for the company in a research note on Wednesday, May 22nd. National Bank Financial cut Detour Gold to a hold rating in a research note on Friday, June 28th. Finally, Canaccord Genuity cut ProMetic Life Sciences to a hold rating in a research note on Tuesday, April 23rd.

TSE:FNV opened at C$111.45 on Monday. Franco Nevada has a 1 year low of C$76.53 and a 1 year high of C$114.36. The company has a current ratio of 4.14, a quick ratio of 3.38 and a debt-to-equity ratio of 3.38. The firm has a market capitalization of $20.90 billion and a PE ratio of 148.80. The firm has a 50-day simple moving average of C$106.31.

Franco Nevada (TSE:FNV) (NYSE:FNV) last posted its earnings results on Wednesday, May 8th. The company reported C$0.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.37 by C$0.10. The business had revenue of C$239.06 million during the quarter, compared to analyst estimates of C$221.05 million. As a group, equities analysts expect that Franco Nevada will post 1.54 earnings per share for the current year.

In other Franco Nevada news, Senior Officer Eaun Harrison Gray sold 5,000 shares of the business’s stock in a transaction dated Monday, June 24th. The stock was sold at an average price of C$112.00, for a total value of C$560,000.00. Following the completion of the transaction, the insider now directly owns 203 shares of the company’s stock, valued at C$22,736. Also, Senior Officer Sandip Rana sold 10,000 shares of the business’s stock in a transaction dated Thursday, June 20th. The shares were sold at an average price of C$111.27, for a total value of C$1,112,660.00. Following the completion of the transaction, the insider now directly owns 34,750 shares of the company’s stock, valued at C$3,866,493.50. Over the last three months, insiders sold 33,000 shares of company stock valued at $3,567,660.

About Franco Nevada

Franco-Nevada Corporation operates as a gold-focused royalty and stream company in the United States, Canada, Latin America, Australia, and Africa. It also holds interests in silver and platinum group metals; and oil, gas, and natural gas liquids. The company was incorporated in 2007 and is headquartered in Toronto, Canada.

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