Shared on15 Aug 25
Despite improved silver price outlooks and operational momentum underpinning bullish sentiment, analysts note that current valuation already prices in optimistic assumptions and offers limited upside, resulting in the consensus price target for Fresnillo holding steady at £13.70. Analyst Commentary Bullish analysts cite a substantially improved outlook for silver prices, supporting upward revisions in price targets.
Shared on29 Jul 25Fair value Increased 30%
Fresnillo’s consensus price target has been substantially increased, driven by higher expected revenue growth and a notably lower future P/E, resulting in a fair value lift from £10.50 to £12.90. What's in the News Fresnillo reaffirmed production guidance for 2025-2027, with 2025 silver output expected at 49.0–56.0 moz, gold at 525–580 koz, lead at 56–62 kt, and zinc at 93–103 kt; guidance unchanged for 2026 and 2027.
Shared on01 May 25Fair value Increased 7.81%
AnalystConsensusTarget has increased revenue growth from 0.4% to 0.6%.
Shared on23 Apr 25Fair value Increased 9.93%
AnalystConsensusTarget has increased revenue growth from -0.2% to 0.4%.
Shared on09 Apr 25Fair value Increased 1.26%
AnalystConsensusTarget has increased revenue growth from -1.5% to -0.2%.
Shared on02 Apr 25Fair value Increased 3.55%
AnalystConsensusTarget made no meaningful changes to valuation assumptions.
Shared on26 Mar 25Fair value Increased 0.12%
AnalystConsensusTarget has decreased revenue growth from -1.0% to -1.5%.
Shared on12 Mar 25Fair value Decreased 22%
AnalystConsensusTarget has decreased revenue growth from 0.8% to -1.0% and decreased profit margin from 21.1% to 17.4%.