Franco-Nevada (FNV) Is At $69.40 Formed Wedge; Micronet Enertec Technologies Has 2 Sentiment

Franco-Nevada Corporation (NYSE:FNV) Logo

Franco-Nevada Corporation (FNV) formed wedge down with $64.54 target or 7.00% below today’s $69.40 share price. Franco-Nevada Corporation (FNV) has $12.57 billion valuation. The stock increased 0.22% or $0.15 during the last trading session, reaching $69.4. About 1.21 million shares traded or 75.24% up from the average. Franco-Nevada Corporation (NYSE:FNV) has risen 5.44% since April 12, 2017 and is uptrending. It has underperformed by 6.11% the S&P500.

Micronet Enertec Technologies Inc (MICT) investors sentiment increased to 2 in Q4 2017. It’s up 0.50, from 1.5 in 2017Q3. The ratio has increased, as 6 investment managers increased or started new equity positions, while 3 sold and reduced holdings in Micronet Enertec Technologies Inc. The investment managers in our database now own: 538,902 shares, up from 314,246 shares in 2017Q3. Also, the number of investment managers holding Micronet Enertec Technologies Inc in top ten equity positions was flat from 0 to 0 for the same number . Sold All: 1 Reduced: 2 Increased: 2 New Position: 4.

Analysts await Franco-Nevada Corporation (NYSE:FNV) to report earnings on May, 8. They expect $0.28 EPS, up 12.00% or $0.03 from last year’s $0.25 per share. FNV’s profit will be $50.72M for 61.96 P/E if the $0.28 EPS becomes a reality. After $0.28 actual EPS reported by Franco-Nevada Corporation for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Among 17 analysts covering Franco-Nevada Corp (NYSE:FNV), 7 have Buy rating, 1 Sell and 9 Hold. Therefore 41% are positive. Franco-Nevada Corp has $96.0 highest and $47 lowest target. $71.75’s average target is 3.39% above currents $69.4 stock price. Franco-Nevada Corp had 36 analyst reports since August 11, 2015 according to SRatingsIntel. Raymond James maintained Franco-Nevada Corporation (NYSE:FNV) rating on Thursday, June 15. Raymond James has “Outperform” rating and $85 target. On Wednesday, May 11 the stock rating was downgraded by Goldman Sachs to “Sell”. JP Morgan initiated Franco-Nevada Corporation (NYSE:FNV) on Wednesday, January 20 with “Neutral” rating. The stock of Franco-Nevada Corporation (NYSE:FNV) has “Outperform” rating given on Monday, September 14 by BMO Capital Markets. The rating was maintained by TD Securities on Thursday, October 19 with “Buy”. Deutsche Bank downgraded the stock to “Hold” rating in Tuesday, December 20 report. Deutsche Bank initiated the stock with “Hold” rating in Friday, December 11 report. The stock of Franco-Nevada Corporation (NYSE:FNV) has “Neutral” rating given on Monday, March 28 by UBS. As per Tuesday, August 11, the company rating was maintained by Canaccord Genuity. The firm has “Market Perform” rating by BMO Capital Markets given on Thursday, May 12.

Micronet Enertec Technologies, Inc. develops, makes, integrates, and markets rugged computers, tablets, and computer systems and instruments for the commercial, defense, and aerospace markets in the United States, Israel, and internationally. The company has market cap of $11.39 million. The company, through its subsidiary, Micronet Ltd., sells rugged mobile computing devices that provide computing solutions to fleet operators and field workforces in work environments. It currently has negative earnings. The Company’s vehicle cabin installed and portable tablets offer computing power and communication capabilities that provide fleet operators with visibility into vehicle location, fuel usage, speed, and mileage.

Franco-Nevada Corporation (NYSE:FNV) Ratings Chart

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