Fresnillo Plc 5.5% Potential Decrease Indicated by Morgan Stanley

Broker Ratings
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Fresnillo Plc using EPIC/TICKER code (LON:FRES) had its stock rating noted as ‘Retains’ with the recommendation being set at ‘EQUAL WEIGHT’ today by analysts at Morgan Stanley. Fresnillo Plc are listed in the Basic Materials sector within UK Main Market. Morgan Stanley have set their target price at 770 GBX on its stock. This would imply the analyst believes there is a potential downside of -5.5% from the opening price of 815 GBX. Over the last 30 and 90 trading days the company share price has increased 43.2 points and increased 85 points respectively. The 52 week high share price is 921.2 GBX while the 52 week low is 456.51 GBX.

Fresnillo Plc has a 50 day moving average of 760.79 GBX and a 200 Day Moving Average share price is recorded at 685.69. There are currently 736,893,589 shares in issue with the average daily volume traded being 1,647,552. Market capitalisation for LON:FRES is £6,066,107,381 GBP.

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