Fresnillo Plc 2.5% Potential Decrease Indicated by Goldman Sachs

Broker Ratings
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Fresnillo Plc with EPIC/TICKER (LON:FRES) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘SELL’ this morning by analysts at Goldman Sachs. Fresnillo Plc are listed in the Basic Materials sector within UK Main Market. Goldman Sachs have set a target price of 550 GBX on its stock. This now indicates the analyst believes there is a potential downside of -2.5% from the opening price of 564.2 GBX. Over the last 30 and 90 trading days the company share price has decreased 157 points and decreased 202.8 points respectively. The 52 week high for the stock is 1028 GBX while the 52 week low for the stock is 536.8 GBX.

Fresnillo Plc has a 50 day moving average of 667.76 GBX and the 200 Day Moving Average price is recorded at 762.13. There are currently 736,893,589 shares in issue with the average daily volume traded being 3,368,314. Market capitalisation for LON:FRES is £4,262,192,183 GBP.

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