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Why Franco-Nevada Stock Crawled Higher Today


Gold streaming and royalty company Franco-Nevada's (NYSE: FNV) stock had a bit of luster on the second trading day of the week. Its shares closed Tuesday up by almost 1.3% on a pair of analyst price-target hikes following the company's latest earnings release. That little pop was sufficient to edge past the S 500 index, which closed 1.1% higher.

Not one but two pundits following Franco-Nevada upped their fair value assessment on the stock; interestingly enough, each raised it by the same amount to the same level. TD Securities' Derick Ma and Scotiabank's Tanya Jakusconek now feel it's worth $184 per share (from their previous $182). However, the pair maintained their respective hold recommendations.

Image source: Getty Images.

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Source Fool.com

Toronto-Dominion Bank Stock

€104.94
0.320%
The Toronto-Dominion Bank stock is trending slightly upwards today, with an increase of €0.34 (0.320%) compared to yesterday's price.
Currently there is a rather positive sentiment for Toronto-Dominion Bank with 4 Buy predictions and 1 Sell predictions.
With a target price of 133 € there is a positive potential of 26.74% for Toronto-Dominion Bank compared to the current price of 104.94 €.
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