Home » Reports » Broker Ratings » Fresnillo Plc 9.8% Potential Decrease Indicated by Goldman Sachs

Fresnillo Plc 9.8% Potential Decrease Indicated by Goldman Sachs

Fresnillo Plc using EPIC/TICKER code (LON:FRES) has had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘SELL’ this morning by analysts at Goldman Sachs. Fresnillo Plc are listed in the Basic Materials sector within UK Main Market. Goldman Sachs have set a target price of 580 GBX on its stock. This indicates the analyst believes there is a potential downside of -9.8% from today’s opening price of 643 GBX. Over the last 30 and 90 trading days the company share price has increased 32.4 points and decreased 28.2 points respectively. The 1 year high for the share price is 1028 GBX while the year low share price is currently 570 GBX.

Fresnillo Plc has a 50 day moving average of 701.58 GBX and the 200 Day Moving Average price is recorded at 787.46. There are currently 736,893,589 shares in issue with the average daily volume traded being 2,378,894. Market capitalisation for LON:FRES is £4,640,955,802 GBP.