Canaccord Genuity analyst Carey MacRury maintained a Buy rating on Franco Nev (NYSE:FNV) Corp on Thursday, setting a price target of C$222, which is approximately 24.37% above the present share price of $135.79.
MacRury expects Franco Nev Corp to post earnings per share (EPS) of $0.50 for the fourth quarter of 2020.
The current consensus among 11 TipRanks analysts is for a Moderate Buy rating of shares in Franco Nev, with an average price target of $152.52.
The analysts price targets range from a high of $191.32 to a low of $102.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $195.4 million and a net profit of $103.4 million. The company's market cap is $26.3 billion.
According to TipRanks.com, Canaccord Genuity analyst Carey MacRury is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 25.7% and a 74.79% success rate.
Franco-Nevada Corp. engages in the management of gold-focused royalties and streams portfolio. It provides investors with gold price and exploration optionality while limiting exposure to many of the risks of operating companies. The company was founded on October 17, 2007 and is headquartered in Toronto, Canada.