Fresnillo PLC (FNLPF) Upgraded at HSBC
HSBC upgraded shares of Fresnillo PLC (OTCMKTS:FNLPF) from a hold rating to a buy rating in a research report sent to investors on Thursday morning, StockTargetPrices.com reports.
Several other brokerages have also issued reports on FNLPF. JPMorgan Chase & Co. lowered shares of Fresnillo PLC from an overweight rating to a neutral rating in a research note on Tuesday, July 5th. Morgan Stanley raised shares of Fresnillo PLC from an underweight rating to an equal weight rating in a research note on Wednesday, September 28th. Finally, Goldman Sachs Group Inc. raised shares of Fresnillo PLC from a sell rating to a neutral rating in a research note on Monday, June 27th. Four analysts have rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company’s stock. Fresnillo PLC has an average rating of Hold and an average price target of $11.00.
Shares of Fresnillo PLC (OTCMKTS:FNLPF) opened at 23.23 on Thursday. The firm has a 50-day moving average of $22.95 and a 200 day moving average of $19.59. The company has a market capitalization of $17.12 billion, a P/E ratio of 106.07 and a beta of 0.85. Fresnillo PLC has a 52-week low of $9.00 and a 52-week high of $26.65.
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