BBVA Starts Stock Coverage on Fresnillo (FRES)
Equities research analysts at BBVA initiated coverage on shares of Fresnillo (LON: FRES) in a research note issued to investors on Monday. The firm set an “underperform” rating and a $26.69 (1649 GBX) price target on the stock.
A number of other firms have also recently commented on FRES. Analysts at JPMorgan Chase reiterated an “overweight” rating on shares of Fresnillo in a research note to investors on Thursday. They now have a $34.70 price target on the stock. Separately, analysts at RBC Capital reiterated a “sector perform” rating on shares of Fresnillo in a research note to investors on Monday, October 15th. They now have a $30.70 price target on the stock. Finally, analysts at Barclays Capital reiterated an “overweight” rating on shares of Fresnillo in a research note to investors on Friday, October 12th. They now have a $34.50 price target on the stock.
Shares of Fresnillo traded down 0.51% during mid-day trading on Monday, hitting GBX 1940.00. Fresnillo has a one year low of GBX 1259.00 and a one year high of GBX 2033.00. The company’s market cap is £13.913 billion.
Fresnillo plc is a silver and gold mining company. The Company, along with its subsidiaries, is engaged in the mining and beneficiation of non-ferrous minerals, and the sale of related production.
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