Broker Recommendations

Berenberg lowers target price on Fresnillo following H1 results

By Iain Gilbert

Date: Wednesday 05 Aug 2026

(Sharecast News) - Analysts at Berenberg cut their target price on Fresnillo from 3,300p to 2,900p, saying the miner's longer‑dated growth profile and rising capital‑project demands warranted a more tempered valuation.
Berenberg, which kept its 'hold' rating on the stock, said Fresnillo's first‑half results were "somewhat light" versus its forecasts, particularly...

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