Home » Reports » Fresnillo Plc 24.8% Potential Decrease Indicated by JP Morgan Cazenove

Fresnillo Plc 24.8% Potential Decrease Indicated by JP Morgan Cazenove

Fresnillo Plc using EPIC/TICKER code (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 550 GBX on its stock. This indicates the analyst believes there is a potential downside of -24.8% from today’s opening price of 731.2 GBX. Over the last 30 and 90 trading days the company share price has increased 64.4 points and increased 82.4 points respectively. The 1 year high for the share price is 921.2 GBX while the 52 week low for the stock is 456.51 GBX.

Fresnillo Plc has a 50 day moving average of 698.38 GBX and a 200 day moving average of 676.39. There are currently 736,893,589 shares in issue with the average daily volume traded being 2,706,617. Market capitalisation for LON:FRES is £5,341,004,722 GBP.

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