Research Alert: CFRA Reiterates Buy Opinion On Shares Of Franco-nevada Corporation
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CFRA has reiterated a Buy opinion on Franco-Nevada Corporation, adjusting the 12-month target price down by CAD27 to CAD416, reflecting a lower P/E multiple of 28.0x. Despite this, EPS estimates for 2026 and 2027 have increased due to higher commodity prices. FNV's diversified portfolio of 121 cash-flow producing assets and USD3.4B in available capital position it well for growth.
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