Franco Nevada Corp (TSE:FNV) (NYSE:FNV) – Equities research analysts at National Bank Financial dropped their FY2016 earnings per share estimates for shares of Franco Nevada Corp in a research report issued on Monday. National Bank Financial analyst S. Nagle now anticipates that the brokerage will post earnings per share of $1.18 for the year, down from their prior forecast of $1.33. National Bank Financial also issued estimates for Franco Nevada Corp’s Q4 2016 earnings at $0.28 EPS and FY2017 earnings at $1.30 EPS.

Several other analysts also recently weighed in on the stock. Scotiabank reissued a “sector perform” rating and set a C$80.00 target price on shares of Franco Nevada Corp in a research report on Tuesday, November 8th. CIBC boosted their target price on shares of Franco Nevada Corp from C$95.00 to C$110.00 in a research report on Wednesday, January 11th. Desjardins dropped their target price on shares of Franco Nevada Corp from C$115.00 to C$110.00 in a research report on Wednesday, December 21st. TD Securities reissued a “hold” rating and set a C$77.00 target price on shares of Franco Nevada Corp in a research report on Wednesday, November 9th. Finally, Canaccord Genuity dropped their target price on shares of Franco Nevada Corp from C$105.00 to C$100.00 in a research report on Monday, October 24th. Four investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Franco Nevada Corp currently has a consensus rating of “Buy” and an average target price of C$87.73.

Earnings History and Estimates for Franco Nevada Corp (TSE:FNV)

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Shares of Franco Nevada Corp (TSE:FNV) opened at 89.46 on Thursday. Franco Nevada Corp has a 12 month low of $71.44 and a 12 month high of $105.69. The company has a market capitalization of $15.95 billion and a P/E ratio of 160.61. The stock’s 50 day moving average is $84.81 and its 200 day moving average is $87.09.

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Franco Nevada Corp Company Profile

Franco-Nevada Corporation (Franco-Nevada) is a gold-focused royalty and stream company. The Company’s additional interests are in platinum group metals and other resource assets. It operates in the segment of resource sector royalty/stream acquisitions and management activities. The Company’s business model provides investors with gold price and exploration optionality.

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