Shares of Fresnillo Plc (LON:FRES) have received an average rating of “Hold” from the thirteen analysts that are currently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, nine have issued a hold recommendation and three have given a buy recommendation to the company. The average 1 year price target among brokers that have covered the stock in the last year is GBX 879.60 ($11.49).

FRES has been the topic of a number of recent research reports. Barclays increased their target price on Fresnillo from GBX 800 ($10.45) to GBX 1,150 ($15.03) and gave the stock an “equal weight” rating in a research note on Tuesday. Jefferies Financial Group upped their price target on Fresnillo from GBX 1,040 ($13.59) to GBX 1,350 ($17.64) and gave the company a “buy” rating in a report on Monday, July 27th. JPMorgan Chase & Co. upped their price target on Fresnillo from GBX 750 ($9.80) to GBX 800 ($10.45) and gave the company a “neutral” rating in a report on Wednesday, July 29th. Morgan Stanley upped their price target on Fresnillo from GBX 700 ($9.15) to GBX 770 ($10.06) and gave the company an “equal weight” rating in a report on Tuesday, June 23rd. Finally, Royal Bank of Canada upped their price target on Fresnillo from GBX 1,100 ($14.37) to GBX 1,300 ($16.99) and gave the company a “sector performer” rating in a report on Tuesday, July 28th.

Shares of LON:FRES traded down GBX 25 ($0.33) during trading on Friday, hitting GBX 1,280 ($16.73). 1,685,778 shares of the company were exchanged, compared to its average volume of 1,613,871. Fresnillo has a 52-week low of GBX 456.51 ($5.97) and a 52-week high of GBX 1,365 ($17.84). The company has a market cap of $9.43 billion and a PE ratio of 47.58. The stock has a 50 day moving average of GBX 1,268.20 and a 200 day moving average of GBX 893.78. The company has a debt-to-equity ratio of 25.69, a current ratio of 6.45 and a quick ratio of 4.58.

The company also recently announced a dividend, which was paid on Wednesday, September 16th. Shareholders of record on Thursday, August 6th were issued a $0.02 dividend. This represents a yield of 0.14%. The ex-dividend date of this dividend was Thursday, August 6th. Fresnillo’s dividend payout ratio is 40.89%.

Fresnillo Company Profile

Fresnillo Plc mines, develops, and produces non-ferrous minerals in Mexico. It primarily explores for silver, gold, lead, and zinc concentrates. The company's operating mines include the Fresnillo, Saucito, Ciénega, Herradura, Soledad-Dipolos, Noche Buena, and San Julián; development projects comprise the Pyrites Plant, and second line of the DLP at Herradura; and advanced exploration projects consist of the Juanicipio, Las Casas, Cebollitas Cluster, Centauro Deep, Centauro Pit Expansion as part of Herradura, and Orisyvo.

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Analyst Recommendations for Fresnillo (LON:FRES)

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