HSBC analyst Jonathan Brandt upgraded Fresnillo (FNLPF) to Hold from Reduce with a price target of 2,000 GBp, up from 1,100 GBp. The firm cites the rally in gold and silver prices for the upgrade.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FNLPF:
- Fresnillo price target raised to 1,610 GBp from 950 GBp at Morgan Stanley
- Fresnillo price target raised to 2,600 GBp from 1,700 GBp at Berenberg
- Fresnillo price target raised to 2,700 GBp from 1,700 GBp at Citi
- Fresnillo price target raised to 2,500 GBp from 2,100 GBp at JPMorgan
- Fresnillo price target raised to 950 GBp from 920 GBp at Morgan Stanley