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Deutsche disclosed Fresnillo (LON:FRES), hiking its stock price target to 1,210.00GBX earlier today

Fresnillo (LON:FRES) had its estimated target price bumped up to 1,210GBX by Deutsche in a report announced 8/3/2016. The updated target price implies a potential downside of -0.38% from the company’s most recent stock close price.

Previously on Friday July 29 2016, JP Morgan Cazenove released a statement for Fresnillo(LON:FRES) raised the target price from 1,360.00GBX to 1,400.00GBX. At the time, this indicated a possible downside of -0.27%.

Displaying a price of 1,965.00GBX, Fresnillo (LON:FRES) traded 1.82% lower on the day. With the last stock price up 18.02% from the two hundred day average, compared to the Standard & Poor’s 500 Index which has decreased -0.01% over the same time. FRES has logged a 50-day average of 1,809.03GBX and 200-day average of 1,366.93GBX. 1,689,793 shares of FRES were exchanged, up from ann avg. volume of 1,330,540

Performance Chart:

Fresnillo (LON:FRES)

With a market cap of 0.0 GBX, Fresnillo has a price-earnings of 74 with a 52 week low of 579.00GBX and a 52 week high of 2,057.21GBX.

Also covering Fresnillo’s target price, a total of 15 brokerages have released a research note on the stock. The consensus target stock price is 18.11GBX with 0 rating the company a strong buy, two analysts rating the stock a buy, seven firms rating the stock a hold, four brokerages rating the company to underperform, and finally two analystsrating the company as sell.

Brief Synopsis About Fresnillo (LON:FRES)

Fresnillo plc is a holding company. Through its subsidiaries, the Company is engaged in the mining and beneficiation of non-ferrous minerals, and the sale of related production. The primary contents of this production include silver, gold, lead and zinc. The Company has six operating mines: Fresnillo, located in the State of Zacatecas, which is primary silver mine; Saucito, located in the State of Zacatecas, an underground silver mine; Cienega, located in the State of Durango, an underground gold mine, including the San Ramon satellite mine; Herradura, located in the State of Sonora, a surface gold mine; Soledad-Dipolos mine, located in the State of Sonora, a surface gold mine, and Noche Buena, located in State of Sonora, a surface gold mine. The Company has two development projects, which include Saucito II and San Julian. The Company’s subsidiaries include Minera Fresnillo, S.A. de C.V., Minera Penmont, S. de R.L. de C.V., Minera Saucito, S.A. de C.V. and Fresbal Investments, and Ltd.

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