Franco-Nevada Corporation (NYSE:FNV) Position Boosted by Barometer Capital Management Inc

Marco Green
August 12, 2017

Ci Global Investments Inc. trimmed its position by selling 27,684 shares a decrease of 1.8%.

Franco-Nevada Corporation (FNV) now has a Return on Assets (ROA) value of 0 Percent. Insiders have sold a total of 162,000 shares of company stock valued at $16,008,920 in the last 90 days.

Franco-Nevada Corporation (NYSE FNV) transacted up 0.01% through out intraday market trading on early Monday, topping $77.67. It has underperformed by 4.19% the S&P500.

In an overview of the current analyst recommendations, Buy count is 6 and Overweight is 0 while the number of analysts recommending Sell and Underweight are 1 and 1, respectively. Therefore 64% are positive. AllianceBernstein Holding had 21 analyst reports since August 3, 2015 according to SRatingsIntel. The stock of AngloGold Ashanti Limited (ADR) (NYSE:AU) earned "Sell" rating by Citigroup on Tuesday, May 10. $38.50's average target is 44.14% above currents $26.71 stock price. The rating was upgraded by SunTrust to "Buy" on Tuesday, October 18. Barclays PLC reduced their price objective on Franco-Nevada Corporation from $74.00 to $72.00 and set an "equal weight" rating for the company in a report on Thursday, July 13th. The company was maintained on Thursday, October 13 by RBC Capital Markets. The rating was maintained by Deutsche Bank on Wednesday, September 14 with "Buy". The stock has "Neutral" rating by Goldman Sachs on Thursday, February 9. JP Morgan maintained it with "Neutral" rating and $56 target in Monday, March 14 report. TD Securities boosted their price target on Franco-Nevada Corporation from $83.00 to $88.00 and gave the company a "buy" rating in a research note on Thursday. Jefferies maintained Aclaris Therapeutics Inc (NASDAQ:ACRS) on Monday, September 19 with "Buy" rating. The stock decreased 0.92% or $0.13 during the last trading session, reaching $13.98. The Firm provides financial services to individuals and institutional clients through two divisions: Investor Services and Advisor Services.

The company now has a P/E ratio of 99.56 and market capitalization is 14.17B. The Firm offers a range of investment services, including equity strategies, with global and regional portfolios across capitalization ranges and investment strategies, including value, growth and equities; traditional and unconstrained fixed income strategies, including taxable and tax-exempt strategies; passive management, including index and enhanced index strategies; alternative investments, including hedge funds, fund of funds and private equity, and multi-asset solutions and services, including dynamic asset allocation, customized target-date funds and target-risk funds. Its P/E ratio was 105.62. Its total outstanding shares are 178.63. The number of shares now owned by investors are 156.68 mln. Tower Cap Ltd Liability (Trc) reported 0.03% stake. Hold is primarily a denotation given to some publicly traded equities.

Analysts have suggested a mean rating of 2.70 on the shares.

PBF Energy Inc (PBF) shares are moving today on volatility -0.79% or -0.18 from the open. Endurance Wealth Mngmt holds 0.23% of its portfolio in AllianceBernstein Holding LP (NYSE:AB) for 54,125 shares.

Franco-Nevada Corporation (NYSE:FNV) surged3.58% and closed at $75.30 in the last trading session with the overall traded volume of 1.01 Million shares versus to the average volume of 583.02 shares.

Press coverage about Franco-Nevada Corporation (NYSE:FNV) (TSE:FNV) has been trending positive this week, according to Accern Sentiment Analysis.

Among 16 analysts covering Franco-Nevada Corp (NYSE:FNV), 8 have Buy rating, 1 Sell and 7 Hold. Stifel Nicolaus downgraded it to "Hold" rating and $210.0 target in Tuesday, January 24 report. On the other hand, such growth rates in EPS are more consistent in case of "matured companies" which has experienced a whole economic cycle of expansion and contraction, through a bear market phase along with a bull run. ValuEngine raised Franco-Nevada Corporation from a "sell" rating to a "hold" rating in a report on Friday, June 2nd.

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