Deutsche Bank AG Boosts Fresnillo Plc (FRES) Price Target to GBX 1,290
Fresnillo Plc (LON:FRES) had its price objective lifted by Deutsche Bank AG from GBX 1,210 ($15.79) to GBX 1,290 ($16.84) in a research report sent to investors on Wednesday. Deutsche Bank AG currently has a sell rating on the stock.
FRES has been the subject of a number of other research reports. Goldman Sachs Group Inc. reaffirmed a sell rating and issued a GBX 750 ($9.79) target price on shares of Fresnillo Plc in a report on Thursday, June 16th. Morgan Stanley raised Fresnillo Plc to an equal weight rating and increased their price target for the company from GBX 1,520 ($19.84) to GBX 1,620 ($21.15) in a research note on Tuesday, September 27th. Credit Suisse Group AG reissued an outperform rating on shares of Fresnillo Plc in a research note on Friday, August 5th. JPMorgan Chase & Co. increased their price target on Fresnillo Plc from GBX 1,360 ($17.75) to GBX 1,400 ($18.27) and gave the company a neutral rating in a research note on Friday, July 29th. Finally, Barclays PLC reissued an equal weight rating and issued a GBX 1,050 ($13.71) price target on shares of Fresnillo Plc in a research note on Wednesday, August 3rd. Four research analysts have rated the stock with a sell rating, seven have given a hold rating and two have issued a buy rating to the company’s stock. Fresnillo Plc has an average rating of Hold and a consensus target price of GBX 1,210.91 ($15.81).
Shares of Fresnillo Plc (LON:FRES) opened at 1699.8534 on Wednesday. Fresnillo Plc has a 12 month low of GBX 612.50 and a 12 month high of GBX 2,057.21. The firm’s market cap is GBX 12.53 billion. The company has a 50-day moving average price of GBX 1,725.22 and a 200-day moving average price of GBX 1,447.45.
Fresnillo Plc Company Profile
Fresnillo plc is a holding company. Through its subsidiaries, the Company is engaged in the mining and beneficiation of non-ferrous minerals, and the sale of related production. The primary contents of this production include silver, gold, lead and zinc. The Company has six operating mines: Fresnillo, located in the State of Zacatecas, which is primary silver mine; Saucito, located in the State of Zacatecas, an underground silver mine; Cienega, located in the State of Durango, an underground gold mine, including the San Ramon satellite mine; Herradura, located in the State of Sonora, a surface gold mine; Soledad-Dipolos mine, located in the State of Sonora, a surface gold mine, and Noche Buena, located in State of Sonora, a surface gold mine.
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