Franco-Nevada (TSE:FNV) Shares Cross Above 200 Day Moving Average After Insider Selling

Franco-Nevada Co. (TSE:FNV - Get Free Report) NYSE: FNV's share price crossed above its two hundred day moving average during trading on Friday following insider buying activity. The stock has a two hundred day moving average of C$203.75 and traded as high as C$235.80. Franco-Nevada shares last traded at C$228.99, with a volume of 339,132 shares.Get Franco-Nevada alerts:Analyst Upgrades and DowngradesA number of equities analysts have issued reports on the company. Bank of America cut their target price on Franco-Nevada from C$272.00 to C$266.00 in a research report on Wednesday, May 28th. National Bankshares cut their target price on Franco-Nevada from C$220.00 to C$215.00 in a research report on Tuesday, March 11th. BMO Capital Markets boosted their price target on Franco-Nevada from C$260.00 to C$261.00 in a report on Wednesday, May 28th. TD Securities downgraded Franco-Nevada from a "buy" rating to a "hold" rating and set a C$152.00 price target for the company. in a report on Tuesday, March 11th. Finally, CIBC boosted their price target on Franco-Nevada from C$260.00 to C$280.00 in a report on Thursday, April 17th.View Our Latest Stock Report on FNVFranco-Nevada Stock PerformanceThe firm has a market capitalization of C$31.07 billion, a P/E ratio of -49.45, a P/E/G ratio of 5.00 and a beta of 0.68. The stock has a fifty day moving average price of C$229.00 and a two-hundred day moving average price of C$203.75. Franco-Nevada Company Profile (Get Free Report)Franco-Nevada Corporation operates as a gold-focused royalty and streaming company in South America, Central America, Mexico, the United States, Canada, and internationally. It operates through Mining and Energy segments. The company manages its portfolio with a focus on precious metals, such as gold, silver, and platinum group metals; and engages in the sale of crude oil, natural gas, and natural gas liquids through a third-party marketing agent.Recommended StoriesFive stocks we like better than Franco-NevadaQuiet Period Expirations ExplainedA Large Oil Supply Draw Could Mean Upside in These 3 Energy NamesHow to Invest in Tech Stocks and Top Tech Stocks to Consider3 Stocks Getting Rare Double Upgrades From AnalystsWhat Are Treasury Bonds?This Banking Giant Just Got a $90 Price Target UpgradeThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Franco-Nevada Right Now?Before you consider Franco-Nevada, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Franco-Nevada wasn't on the list.While Franco-Nevada currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here