Barclays reissued their equal weight rating on shares of Fresnillo Plc (LON:FRES) in a research note published on Thursday, ARN reports. The brokerage currently has a GBX 700 ($9.97) target price on the stock.

A number of other research analysts also recently commented on the stock. HSBC upped their price objective on shares of Fresnillo Plc from GBX 760 ($10.83) to GBX 810 ($11.54) and gave the company a buy rating in a research note on Thursday, October 8th. Morgan Stanley reaffirmed an equalwt/attractive rating and set a GBX 620 ($8.83) price objective on shares of Fresnillo Plc in a research note on Wednesday, October 14th. Macquarie reaffirmed an outperform rating and set a GBX 800 ($11.40) price objective on shares of Fresnillo Plc in a research note on Thursday, September 24th. Deutsche Bank dropped their price objective on shares of Fresnillo Plc from GBX 715 ($10.19) to GBX 705 ($10.04) and set a hold rating for the company in a research note on Wednesday, September 30th. Finally, JPMorgan Chase & Co. dropped their price objective on shares of Fresnillo Plc from GBX 1,210 ($17.24) to GBX 1,090 ($15.53) and set an overweight rating for the company in a research note on Monday, January 18th. Five equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Fresnillo Plc presently has an average rating of Buy and a consensus target price of GBX 789.85 ($11.25).

Shares of Fresnillo Plc (LON:FRES) traded up 5.5471% during midday trading on Thursday, hitting GBX 694.5000. 1,715,242 shares of the company were exchanged. The company has a 50-day moving average price of GBX 683.49 and a 200-day moving average price of GBX 670.99. Fresnillo Plc has a 52-week low of GBX 569.63 and a 52-week high of GBX 921.00. The stock’s market capitalization is GBX 5.12 billion.

Fresnillo plc is a holding company. Through its subsidiaries, the Company is engaged in the mining and beneficiation of non-ferrous minerals, and the sale of related production. The primary contents of this production include silver, gold, lead and zinc. The Company has six operating mines: Fresnillo, located in the State of Zacatecas, which is primary silver mine; Saucito, located in the State of Zacatecas, an underground silver mine; Cienega, located in the State of Durango, an underground gold mine, including the San Ramon satellite mine; Herradura, located in the State of Sonora, a surface gold mine; Soledad-Dipolos mine, located in the State of Sonora, a surface gold mine, and Noche Buena, located in State of Sonora, a surface gold mine. The Company has two development projects, which include Saucito II and San Julian. The Company’s subsidiaries include Minera Fresnillo, S.A. de C.V., Minera Penmont, S. de R.L. de C.V., Minera Saucito, S.A. de C.V. and Fresbal Investments, Ltd.

Receive News & Ratings for Fresnillo Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fresnillo Plc and related companies with MarketBeat.com's FREE daily email newsletter.