Fresnillo Plc 36% Potential Decrease Indicated by JP Morgan Cazenove

Broker Ratings
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Fresnillo Plc using EPIC/TICKER code (LON:FRES) 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 800 GBX on its stock. This indicates the analyst believes there is a potential downside of -36.0% from today’s opening price of 1250 GBX. Over the last 30 and 90 trading days the company share price has increased 409 points and increased 518.8 points respectively. The 52 week high for the share price is currently at 1310 GBX while the 52 week low for the share price is 456.51 GBX.

Fresnillo Plc has a 50 day moving average of 899.36 GBX and a 200 Day Moving Average share price is recorded at 727.03. There are currently 736,893,589 shares in issue with the average daily volume traded being 1,621,901. Market capitalisation for LON:FRES is £9,413,814,462 GBP.

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