Stock Rating Downgrade
Of late the Value Trend Rating for Franco-Nevada Corp (NYSE: FNV) weakened from C to D reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
On 12/13/24, Franco-Nevada Corp (NYSE: FNV) stock declined modestly by -1.8%, closing at $119.46. However, this decline was accompanied by unusually low trading volume at 56% of normal. The stock has performed in line with the market over the last nine months and has declined -3.3% during the last week.
Current PriceTarget Research Rating
Franco-Nevada has a current Value Trend Rating of D (Negative). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Franco-Nevada has a poor Appreciation Score of 19 but a slightly positive Power Rating of 67, and the Negative Value Trend Rating results.
Be the first to comment