--- title: "Research Alert: CFRA Reiterates Buy Opinion On Shares Of Franco-nevada Corporation" type: "News" locale: "en" url: "https://longbridge.com/en/news/286596037.md" description: "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." datetime: "2026-05-15T16:35:00.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286596037.md) - [en](https://longbridge.com/en/news/286596037.md) - [zh-HK](https://longbridge.com/zh-HK/news/286596037.md) --- # Research Alert: CFRA Reiterates Buy Opinion On Shares Of Franco-nevada Corporation 12:35 PM EDT, 05/15/2026 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: We cut our 12-month target price by CAD27 to CAD416, as we now assume a lower P/E multiple (tracking the multiple contraction in the peer group). We now use a P/E of 28.0x (vs. 34.8x previously) applied to our 2027 EPS estimate. Our assumed P/E is in between FNV's two-year average forward P/E of 33.9x and peers' average forward P/E of 22.3x. The lower P/E multiple is partly offset by higher EPS estimates mostly due to higher commodity prices: we increased 2026's to USD9.57 (from USD8.61) and 2027's to USD10.81 (from USD9.30). FNV's royalty/streaming model provides significant operating leverage to commodity prices while remaining largely insulated from cost inflationa key differentiator in the current environment. The company boasts the sector's largest and most diversified portfolio of 121 cash-flow producing assets, with resources supporting 34 years of mine life at current production rates. With USD3.4B in available capital and a robust acquisition pipeline, FNV is well-positioned for continued growth. MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited. ### Related Stocks - [FNV.US](https://longbridge.com/en/quote/FNV.US.md) - [NEM.US](https://longbridge.com/en/quote/NEM.US.md) - [KGC.US](https://longbridge.com/en/quote/KGC.US.md) - [AEM.US](https://longbridge.com/en/quote/AEM.US.md) - [GLD.US](https://longbridge.com/en/quote/GLD.US.md) ## Related News & Research - [AGNICO EAGLE ANNOUNCES INVESTMENT IN WALLBRIDGE MINING COMPANY LIMITED | AEM Stock News](https://longbridge.com/en/news/287063692.md) - [Franco-Nevada (FNV): New Buy Recommendation for This Basic Materials Giant](https://longbridge.com/en/news/286286208.md) - [Research Alert: CFRA Keeps Hold Opinion On Shares Of Pembina Pipeline Corporation](https://longbridge.com/en/news/286720012.md) - [Canada's Orezone Q1 revenue more than doubles](https://longbridge.com/en/news/286309627.md) - [Research Alert: CFRA Keeps Buy Opinion On Shares Of Manulife Financial Corp.](https://longbridge.com/en/news/286513249.md)