Investment Analysts’ Recent Ratings Updates for Fresnillo (FRES)

A number of research firms have changed their ratings and price targets for Fresnillo (LON: FRES):

  • 12/3/2019 – Fresnillo had its price target lowered by analysts at Goldman Sachs Group Inc from GBX 580 ($7.58) to GBX 550 ($7.19). They now have a “sell” rating on the stock.
  • 11/29/2019 – Fresnillo had its “sector performer” rating reaffirmed by analysts at Royal Bank of Canada. They now have a GBX 660 ($8.62) price target on the stock.
  • 11/27/2019 – Fresnillo had its “market perform” rating reaffirmed by analysts at BMO Capital Markets.
  • 11/14/2019 – Fresnillo was downgraded by analysts at Goldman Sachs Group Inc to a “sell” rating. They now have a GBX 580 ($7.58) price target on the stock, down previously from GBX 670 ($8.75).
  • 11/6/2019 – Fresnillo had its price target lowered by analysts at JPMorgan Chase & Co. from GBX 800 ($10.45) to GBX 750 ($9.80). They now have a “neutral” rating on the stock.
  • 10/24/2019 – Fresnillo had its price target lowered by analysts at UBS Group AG from GBX 750 ($9.80) to GBX 700 ($9.15). They now have a “neutral” rating on the stock.
  • 10/24/2019 – Fresnillo had its “buy” rating reaffirmed by analysts at Numis Securities Ltd.
  • 10/18/2019 – Fresnillo was downgraded by analysts at Goldman Sachs Group Inc to a “neutral” rating. They now have a GBX 670 ($8.75) price target on the stock, down previously from GBX 1,030 ($13.46).
  • 10/14/2019 – Fresnillo had its “sector performer” rating reaffirmed by analysts at Royal Bank of Canada.
  • 10/8/2019 – Fresnillo had its “buy” rating reaffirmed by analysts at Bank of America Corp. They now have a GBX 860 ($11.24) price target on the stock.

FRES stock traded up GBX 10.60 ($0.14) during mid-day trading on Tuesday, hitting GBX 582 ($7.60). 3,667,856 shares of the company were exchanged, compared to its average volume of 1,260,000. The company has a debt-to-equity ratio of 26.08, a quick ratio of 5.37 and a current ratio of 7.40. Fresnillo Plc has a 1-year low of GBX 536.80 ($7.01) and a 1-year high of GBX 1,028 ($13.43). The firm’s 50 day simple moving average is GBX 636.51 and its 200 day simple moving average is GBX 724.82. The firm has a market cap of $4.21 billion and a P/E ratio of 22.56.

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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