Franco-Nevada Corporation operates as a gold-focused royalty and stream company in the United States, Latin America, Canada, Australia, Europe, and Africa, and internationally. It operates through two segment, Mining and Energy. The company manages its portfolio with a focus on precious metals, such as gold, silver, and platinum group metals; and energy comprising oil, gas, and natural gas liquids. The company was incorporated in 2007 and is headquartered in Toronto, Canada.
IPO Year:
Exchange: NYSE
Website: franco-nevada.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/16/2025 | Outperform | BMO Capital Markets | |
| 3/26/2025 | $165.00 → $180.00 | Buy | H.C. Wainwright |
| 3/11/2025 | Buy → Hold | TD Securities | |
| 11/18/2024 | $160.00 | Buy | UBS |
| 11/18/2024 | Hold → Buy | Canaccord Genuity | |
| 10/1/2024 | $142.00 → $139.00 | Buy → Neutral | BofA Securities |
| 8/15/2024 | Hold → Buy | TD Cowen | |
| 2/29/2024 | $117.00 | Hold | Jefferies |
| 10/31/2023 | $180.00 → $145.00 | Buy → Hold | TD Securities |
| 8/18/2023 | Hold → Buy | Stifel |
TORONTO, Jan. 8, 2025 /PRNewswire/ - Franco-Nevada is pleased to announce that Daniel Malchuk has joined its board of directors, effective today. Mr. Malchuk brings over 30 years of strategic, operational and financial experience in the natural resource industry to the board. He currently serves as a director of SSR Mining Inc. and also serves as Senior Advisor with Appian Capital Advisory LLP and chairman of Jetti Resources LLC. Previously, Mr. Malchuk held various leadership positions with BHP Group Ltd. until his retirement in 2020 including President Operations, Minerals Americas, President of Copper, President of Aluminum, Manganese, and Nickel, President, Minerals Exploration and Vice
BMO Capital Markets resumed coverage of Franco-Nevada with a rating of Outperform
H.C. Wainwright reiterated coverage of Franco-Nevada with a rating of Buy and set a new price target of $180.00 from $165.00 previously
TD Securities downgraded Franco-Nevada from Buy to Hold
UBS initiated coverage of Franco-Nevada with a rating of Buy and set a new price target of $160.00
Canaccord Genuity upgraded Franco-Nevada from Hold to Buy
BofA Securities downgraded Franco-Nevada from Buy to Neutral and set a new price target of $139.00 from $142.00 previously
TD Cowen upgraded Franco-Nevada from Hold to Buy
Jefferies initiated coverage of Franco-Nevada with a rating of Hold and set a new price target of $117.00
TD Securities downgraded Franco-Nevada from Buy to Hold and set a new price target of $145.00 from $180.00 previously
Stifel upgraded Franco-Nevada from Hold to Buy