Franco-Nevada (FNV) Forms $79.04 Double Top; Moelis & Company (MC) Covered By 7 Bulls

Franco-Nevada Corporation (FNV) formed double top with $84.57 target or 7.00% above today’s $79.04 share price. Franco-Nevada Corporation (FNV) has $14.86 billion valuation. The stock increased 0.13% or $0.1 during the last trading session, reaching $79.04. About 523,043 shares traded. Franco-Nevada Corporation (NYSE:FNV) has risen 12.51% since December 28, 2016 and is uptrending. It has underperformed by 4.19% the S&P500.

Among 13 analysts covering Moelis & Co (NYSE:MC), 7 have Buy rating, 0 Sell and 6 Hold. Therefore 54% are positive. Moelis & Co had 26 analyst reports since August 11, 2015 according to SRatingsIntel. Buckingham Research upgraded Moelis & Company (NYSE:MC) on Wednesday, January 13 to “Buy” rating. The stock has “Buy” rating by Sandler O’Neill on Monday, November 30. The firm has “Neutral” rating given on Tuesday, September 8 by Credit Suisse. The stock of Moelis & Company (NYSE:MC) earned “Buy” rating by UBS on Thursday, October 29. Keefe Bruyette & Woods maintained Moelis & Company (NYSE:MC) rating on Monday, July 24. Keefe Bruyette & Woods has “Hold” rating and $4200 target. Keefe Bruyette & Woods maintained Moelis & Company (NYSE:MC) rating on Monday, June 5. Keefe Bruyette & Woods has “Hold” rating and $3900 target. The stock of Moelis & Company (NYSE:MC) has “Mkt Perform” rating given on Friday, May 5 by Keefe Bruyette & Woods. On Tuesday, July 25 the stock rating was maintained by JMP Securities with “Market Outperform”. Wood upgraded Moelis & Company (NYSE:MC) rating on Tuesday, August 11. Wood has “Market Perform” rating and $36 target. On Thursday, August 4 the stock rating was maintained by UBS with “Neutral”. See Moelis & Company (NYSE:MC) latest ratings:

21/12/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $49.0 Maintain
26/10/2017 Broker: JMP Securities Rating: Market Outperform Old Target: $44 New Target: $47 Maintain
26/10/2017 Broker: Morgan Stanley Rating: Overweight Old Target: $45 New Target: $49 Maintain
27/08/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $42.0 Maintain
24/07/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $42.0000 Maintain
25/07/2017 Broker: Morgan Stanley Rating: Overweight Old Target: $39 New Target: $45 Maintain
25/07/2017 Broker: JMP Securities Rating: Market Outperform Old Target: $42 New Target: $44 Maintain
25/07/2017 Broker: Bank of America Rating: Buy Old Target: $43 New Target: $45 Maintain

Analysts await Franco-Nevada Corporation (NYSE:FNV) to report earnings on March, 28. They expect $0.28 earnings per share, up 16.67% or $0.04 from last year’s $0.24 per share. FNV’s profit will be $52.66 million for 70.57 P/E if the $0.28 EPS becomes a reality. After $0.30 actual earnings per share reported by Franco-Nevada Corporation for the previous quarter, Wall Street now forecasts -6.67% negative EPS growth.

Among 16 analysts covering Franco-Nevada Corp (NYSE:FNV), 7 have Buy rating, 1 Sell and 8 Hold. Therefore 44% are positive. Franco-Nevada Corp has $96.0 highest and $47 lowest target. $70.45’s average target is -10.87% below currents $79.04 stock price. Franco-Nevada Corp had 35 analyst reports since August 11, 2015 according to SRatingsIntel. The firm has “Sell” rating by Zacks given on Monday, September 7. The firm has “Outperform” rating by RBC Capital Markets given on Tuesday, October 6. The stock of Franco-Nevada Corporation (NYSE:FNV) has “Outperform” rating given on Thursday, October 8 by RBC Capital Markets. Credit Suisse downgraded Franco-Nevada Corporation (NYSE:FNV) on Thursday, February 4 to “Neutral” rating. On Thursday, January 14 the stock rating was upgraded by Barclays Capital to “Equal-Weight”. On Monday, August 31 the stock rating was downgraded by Zacks to “Hold”. The stock has “Hold” rating by Deutsche Bank on Friday, September 9. Goldman Sachs downgraded the stock to “Sell” rating in Wednesday, May 11 report. The rating was initiated by JP Morgan on Wednesday, January 20 with “Neutral”. The firm earned “Buy” rating on Tuesday, November 15 by Canaccord Genuity.