5 Most Promising Gold Stocks According to Analysts

In this article, we discuss the 5 most promising gold stocks according to analysts. To read the detailed analysis of the industry, go directly to the 13 Most Promising Gold Stocks According to Analysts.

5. Franco-Nevada Corporation (NYSE:FNV)

Average Analyst Price Target Upside: 33.56%

Average Analyst Price Target: $148.40

Franco-Nevada Corporation (NYSE:FNV) is a Canadian mining and energy corporation mainly operating as a gold-focused royalty and streaming company. 

On December 4, BMO Capital lowered the price target on Franco-Nevada Corporation (NYSE:FNV)’s stock to C$200 from C$214 and kept an Outperform rating on the shares.

On November 9, Franco-Nevada Corporation (NYSE:FNV) is a dividend-paying gold stock and has consecutively increased its dividend for 10 years. The stock’s dividend yield was 1.22% as of the December 15 market close.

According to Insider Monkey’s database, hedge fund sentiment was positive toward Franco-Nevada Corporation (NYSE:FNV). In the third quarter, 27 funds had investments in the stock, compared to 23 funds in the previous quarter. With nearly 2.26 million shares worth over $301.556 million, First Eagle Investment Management was the biggest stakeholder in the company.