UPDATE: National Bank Financial Upgrades Franco-Nevada Corporation to Outperform on Yield, Acquisitions


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


National Bank Financial raised its rating on Franco-Nevada Corporation (NYSE: FNV) from Sector Perform to Outperform and increased its price target from $63 to $68. National Bank Financial said, "We are increasing our rating to Outperform (was Sector Perform) on share price depreciation. In addition, we are boosting our target to $68.00 (was $63.00) to account for the impact of the Weyburn acquisition. … Despite several recent transactions, management continues to show notable dividend growth, which reinforces the business model and the associated premium valuation. We note the dividend increase starts with the January monthly dividend."Franco-Nevada Corporation closed at $56.47 on Tuesday.

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


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Posted In: Analyst ColorUpgradesIntraday UpdateAnalyst RatingsNational Bank Financial