Fresnillo (LON:FRES) Price Target Raised to GBX 4,700

by · The Cerbat Gem

Fresnillo (LON:FRES – Free Report) had its price target upped by JPMorgan Chase & Co. from GBX 4,300 to GBX 4,700 in a research note published on Monday morning, Marketbeat.com reports. They currently have a neutral rating on the stock.

FRES has been the subject of a number of other reports. Citigroup boosted their target price on shares of Fresnillo from GBX 4,000 to GBX 4,600 and gave the stock a “buy” rating in a research note on Wednesday, January 14th. Berenberg Bank reissued a “buy” rating and issued a GBX 2,600 price target on shares of Fresnillo in a report on Tuesday, November 4th. Finally, Canaccord Genuity Group boosted their price objective on shares of Fresnillo from GBX 980 to GBX 2,440 and gave the stock a “hold” rating in a research report on Friday, October 17th. Two equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of GBX 3,148.

Get Our Latest Analysis on Fresnillo

Fresnillo Stock Performance

Fresnillo stock opened at GBX 4,040.42 on Monday. The stock has a 50-day simple moving average of GBX 3,060.56 and a 200 day simple moving average of GBX 2,345.17. The stock has a market capitalization of £29.77 billion, a price-to-earnings ratio of 65.38, a P/E/G ratio of -1.58 and a beta of 0.15. The company has a quick ratio of 3.28, a current ratio of 5.88 and a debt-to-equity ratio of 23.55. Fresnillo has a 12-month low of GBX 656.50 and a 12-month high of GBX 4,086.

Fresnillo Company Profile

(Get Free Report)

Fresnillo plc is the world’s largest silver producer and Mexico’s largest gold producer, listed on the London and Mexican stock exchanges.
The Group seeks to create value for stakeholders across precious metal cycles, focusing on high-potential silver and gold projects that can be developed into low cost, world-class mines.
Following a decade of consistent and successful progress, the Group is now focused on consolidating its growth and advancing its pipeline in order to deliver further growth in the years ahead.

Recommended Stories