JPMorgan raised the firm’s price target on Fresnillo (FNLPF) to 4,700 GBp from 4,300 GBp and keeps an Overweight rating on the shares. as part of a Q4 earnings preview for the gold miners. JPMorgan has turned more selective on the group, citing “creeping cost inflation.”
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Read More on FNLPF:
- Fresnillo price target raised to 4,600 GBp from 4,000 GBp at Citi
- Fresnillo price target raised to 2,210 GBp from 1,950 GBp at Morgan Stanley
- ISS, Glass Lewis recommend Probe Gold shareholders vote for Fresnillo deal
- Fresnillo price target raised to 3,400 GBp from 2,600 GBp at Berenberg
- Fresnillo price target raised to 1,950 GBp from 1,690 GBp at Morgan Stanley