Long-Term Gold Price Strength Will Drive Profitability And Earnings Outlook

Fresnillo's analyst price target has been raised significantly, increasing from £18.36 to £22.64, as analysts anticipate stronger revenue growth and improved profit margins. This change is driven by higher long-term gold price forecasts.

The analyst price target for Fresnillo has been raised significantly from £16.26 to £18.36. Analysts cite expectations for improved revenue growth and sector tailwinds that may support higher future valuations.

Analysts have raised Fresnillo’s price target to £16.26, driven by bullish views on sustained higher silver prices and improved operating outlook, though some caution that current valuations already reflect lofty silver price assumptions. Analyst Commentary Bullish analysts cite a substantially improved silver price backdrop, raising expectations for Fresnillo's earnings and cash flows.

Fresnillo’s analyst price target has been revised higher to £14.56 amid improved silver market fundamentals and a strengthened production outlook, though some caution that valuation now assumes an optimistic silver price scenario with limited downside protection. Analyst Commentary Bullish analysts cite improved silver market fundamentals and strengthening price outlook as key drivers for raising targets.

Fresnillo's consensus analyst price target was raised to £14.18 as analysts anticipate stronger earnings and cash flows on higher silver price forecasts, though concerns remain that the current share price already reflects overly optimistic long-term silver assumptions and presents a less compelling risk-reward, limiting further upside at current valuation. Analyst Commentary Bullish analysts are raising price targets based on a substantially improved silver price outlook and more favorable sector backdrop.

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.

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.

AnalystConsensusTarget has increased revenue growth from 0.4% to 0.6%.

AnalystConsensusTarget has increased revenue growth from -0.2% to 0.4%.

AnalystConsensusTarget has increased revenue growth from -1.5% to -0.2%.

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

AnalystConsensusTarget has decreased revenue growth from -1.0% to -1.5%.

AnalystConsensusTarget has decreased revenue growth from 0.8% to -1.0% and decreased profit margin from 21.1% to 17.4%.