Fresnillo Plc 6.7% Potential Decrease Indicated by JP Morgan Cazenove

Broker Ratings
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Fresnillo Plc with EPIC/TICKER (LON:FRES) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘NEUTRAL’ today 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 550 GBX on its stock. This would indicate that the analyst believes there is a downside of -6.7% from the opening price of 589.8 GBX. Over the last 30 and 90 trading days the company share price has decreased 34.8 points and decreased 147 points respectively. The 1 year high for the stock price is 1028 GBX while the year low share price is currently 536.8 GBX.

Fresnillo Plc has a 50 day moving average of 640.68 GBX and a 200 Day Moving Average share price is recorded at 747.64. There are currently 736,893,589 shares in issue with the average daily volume traded being 3,532,473. Market capitalisation for LON:FRES is £4,355,041,176 GBP.

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