Franco-Nevada (FNV) Forms $78.19 Double Top; RLI Corp. (RLI) Had 0 Bullish Analysts

Franco-Nevada Corporation (FNV) formed double top with $81.32 target or 4.00% above today’s $78.19 share price. Franco-Nevada Corporation (FNV) has $14.29B valuation. The stock increased 1.15% or $0.89 during the last trading session, reaching $78.19. About 887,170 shares traded or 45.87% up from the average. Franco-Nevada Corporation (NYSE:FNV) has risen 12.51% since January 15, 2017 and is uptrending. It has underperformed by 4.19% the S&P500.

Among 6 analysts covering RLI Corporation (NYSE:RLI), 0 have Buy rating, 3 Sell and 3 Hold. Therefore 0 are positive. RLI Corporation had 23 analyst reports since July 22, 2015 according to SRatingsIntel. The stock of RLI Corp. (NYSE:RLI) has “Hold” rating given on Thursday, July 20 by FBR Capital. Keefe Bruyette & Woods maintained RLI Corp. (NYSE:RLI) on Monday, December 4 with “Hold” rating. The stock has “Mkt Perform” rating by FBR Capital on Thursday, September 3. The stock of RLI Corp. (NYSE:RLI) earned “Hold” rating by Keefe Bruyette & Woods on Monday, September 18. The rating was maintained by RBC Capital Markets with “Sell” on Monday, July 31. RBC Capital Markets maintained RLI Corp. (NYSE:RLI) rating on Tuesday, May 23. RBC Capital Markets has “Sell” rating and $50 target. RBC Capital Markets maintained RLI Corp. (NYSE:RLI) rating on Monday, June 26. RBC Capital Markets has “Sell” rating and $5000 target. Compass Point maintained the shares of RLI in report on Wednesday, January 27 with “Neutral” rating. The stock has “Hold” rating by FBR Capital on Friday, April 21. RBC Capital Markets maintained the shares of RLI in report on Wednesday, October 21 with “Sector Perform” rating. See RLI Corp. (NYSE:RLI) latest ratings:

04/12/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $55.0 Maintain
20/10/2017 Broker: RBC Capital Markets Rating: Sell New Target: $51.0 Maintain
18/10/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $51.0 Maintain
09/10/2017 Broker: RBC Capital Markets Rating: Sell New Target: $50.0 Maintain
18/09/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $51.0 Maintain
05/09/2017 Broker: RBC Capital Markets Rating: Sell New Target: $50.0 Maintain
17/08/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $51.0 Maintain
31/07/2017 Broker: RBC Capital Markets Rating: Sell New Target: $50.0000 Maintain
20/07/2017 Broker: FBR Capital Rating: Hold Maintain

Among 16 analysts covering Franco-Nevada Corp (NYSE:FNV), 7 have Buy rating, 1 Sell and 8 Hold. Therefore 44% are positive. Franco-Nevada Corp has $96.0 highest and $47 lowest target. $70.45’s average target is -9.90% below currents $78.19 stock price. Franco-Nevada Corp had 35 analyst reports since August 11, 2015 according to SRatingsIntel. Canaccord Genuity upgraded the shares of FNV in report on Tuesday, November 15 to “Buy” rating. The firm has “Outperform” rating given on Thursday, October 8 by RBC Capital Markets. The stock of Franco-Nevada Corporation (NYSE:FNV) has “Equal-Weight” rating given on Thursday, July 13 by Barclays Capital. The rating was initiated by BMO Capital Markets on Monday, September 14 with “Outperform”. The firm has “Underweight” rating by Barclays Capital given on Tuesday, November 10. UBS downgraded the stock to “Neutral” rating in Monday, March 28 report. The stock has “Buy” rating by TD Securities on Wednesday, August 12. The stock of Franco-Nevada Corporation (NYSE:FNV) earned “Neutral” rating by JP Morgan on Monday, March 14. The rating was upgraded by Credit Suisse on Friday, January 13 to “Outperform”. The company was initiated on Wednesday, October 26 by Desjardins Securities.

Analysts await Franco-Nevada Corporation (NYSE:FNV) to report earnings on March, 28. They expect $0.28 earnings per share, up 16.67% or $0.04 from last year’s $0.24 per share. FNV’s profit will be $51.18M for 69.81 P/E if the $0.28 EPS becomes a reality. After $0.30 actual earnings per share reported by Franco-Nevada Corporation for the previous quarter, Wall Street now forecasts -6.67% negative EPS growth.

Investors sentiment increased to 1.36 in 2017 Q3. Its up 0.02, from 1.34 in 2017Q2. It increased, as 11 investors sold RLI Corp. shares while 47 reduced holdings. 21 funds opened positions while 58 raised stakes. 36.22 million shares or 0.10% less from 36.25 million shares in 2017Q2 were reported. Van Berkom & invested in 1.71% or 831,754 shares. Royal Fincl Bank Of Canada has invested 0.02% in RLI Corp. (NYSE:RLI). Franklin reported 391,118 shares. Alliancebernstein Ltd Partnership holds 0% or 60,666 shares in its portfolio. Regions stated it has 12,353 shares. 11,675 are held by Chatham Capital Grp Inc. Goldman Sachs Grp invested in 0.01% or 852,143 shares. 4,761 were reported by Tudor Et Al. Ameriprise Financial invested in 202,588 shares. Blair William & Il stated it has 0% in RLI Corp. (NYSE:RLI). Ngam L P reported 71,883 shares. Arizona State Retirement reported 20,094 shares. Metropolitan Life Insur holds 0.01% or 26,539 shares in its portfolio. Raymond James And Associate has 0% invested in RLI Corp. (NYSE:RLI) for 42,784 shares. New York State Common Retirement Fund has invested 0% in RLI Corp. (NYSE:RLI).

Since October 2, 2017, it had 0 insider purchases, and 2 insider sales for $124,661 activity. 1,141 shares valued at $67,778 were sold by STONE MICHAEL J on Thursday, January 4.

RLI Corp., through its subsidiaries, underwrites property and casualty insurance in the United States. The company has market cap of $2.63 billion. The Company’s Casualty segment provides commercial and personal umbrella coverage products; and general liability products, such as coverage for third party liability of commercial insureds, including manufacturers, contractors, apartments, real estate investment trusts, and mercantile. It has a 33.13 P/E ratio. This segment also offers coverages in the area of onshore energy related businesses, as well as environmental liability for underground storage tanks, contractors and asbestos, and environmental remediation specialists; and commercial automobile liability and physical damage insurance products, and other types of commercial automobile risks, as well as related insurance coverages, such as general liability, excess liability, and motor truck cargo.

The stock increased 0.22% or $0.13 during the last trading session, reaching $59.63. About 78,586 shares traded. RLI Corp. (NYSE:RLI) has declined 13.83% since January 15, 2017 and is downtrending. It has underperformed by 30.53% the S&P500.