Fresnillo plc (LON:FRES) Receives GBX 818.33 Consensus PT from Brokerages

Fresnillo plc (LON:FRESGet Rating) has received an average rating of “Hold” from the six ratings firms that are presently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is GBX 818.33 ($9.68).

Several analysts recently weighed in on the stock. Berenberg Bank reissued a “hold” rating and issued a GBX 800 ($9.46) price objective on shares of Fresnillo in a research note on Wednesday, October 26th. Citigroup dropped their target price on shares of Fresnillo from GBX 620 ($7.33) to GBX 560 ($6.62) and set an “underperform” rating on the stock in a report on Wednesday, August 3rd. JPMorgan Chase & Co. dropped their target price on shares of Fresnillo from GBX 800 ($9.46) to GBX 750 ($8.87) and set a “neutral” rating on the stock in a report on Friday, October 14th. Finally, Barclays boosted their target price on shares of Fresnillo from GBX 770 ($9.10) to GBX 825 ($9.76) and gave the company an “equal weight” rating in a report on Friday, October 21st.

Fresnillo Stock Performance

Shares of Fresnillo stock opened at GBX 895.80 ($10.59) on Tuesday. The company has a quick ratio of 3.28, a current ratio of 4.31 and a debt-to-equity ratio of 33.82. Fresnillo has a twelve month low of GBX 610.60 ($7.22) and a twelve month high of GBX 933.60 ($11.04). The stock has a market cap of £6.60 billion and a price-to-earnings ratio of 3,331.85. The company’s fifty day moving average is GBX 771.17 and its 200 day moving average is GBX 747.73.

About Fresnillo

(Get Rating)

Fresnillo plc mines, develops, and produces non-ferrous minerals in Mexico. It operates through seven segments: Fresnillo, Saucito, Ciénega, Herradura, Noche Buena, San Julián, and Other. The company primarily explores for silver, gold, lead, and zinc concentrates. Its projects include Fresnillo silver mine located in the state of Zacatecas; Saucito silver mine situated in the state of Zacatecas; Ciénega gold mine located in the state of Durango; Herradura gold mine situated in the state of Sonora; Noche Buena gold mine located in the state of Sonora; and San Julián silver-gold mine situated on the border of Chihuahua/Durango states.

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Analyst Recommendations for Fresnillo (LON:FRES)

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