Fresnillo Plc 25.6% Potential Decrease Indicated by JP Morgan Cazenove

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 ‘NEUTRAL’ this morning by analysts at JP Morgan Cazenove. Fresnillo Plc are listed in the Basic Materials sector within UK Main Market. JP Morgan Cazenove have set a target price of 750 GBX on its stock. This would indicate that the analyst believes there is a downside of -25.6% from the opening price of 1008.5 GBX. Over the last 30 and 90 trading days the company share price has increased 260.9 points and increased 306.7 points respectively. The 52 week high for the stock is 1053.5 GBX while the 52 week low is 456.51 GBX.

Fresnillo Plc has a 50 day moving average of 811.56 GBX and a 200 day moving average of 700.12. There are currently 736,893,589 shares in issue with the average daily volume traded being 1,272,496. Market capitalisation for LON:FRES is £7,715,908,212 GBP.

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