First Quantum Minerals Limited Given New C$20.00 Price Target at BMO Capital Markets (FM)
Stock analysts at BMO Capital Markets increased their price target on shares of First Quantum Minerals Limited (TSE:FM) from C$19.00 to C$20.00 in a report issued on Thursday, Analyst Ratings Network reports. BMO Capital Markets’ price target indicates a potential upside of 1.47% from the company’s current price.
A number of other analysts have also recently weighed in on FM. Analysts at TD Securities raised their price target on shares of First Quantum Minerals Limited from C$19.00 to C$20.00 in a research note to investors on Thursday. They now have a “hold” rating on the stock. Separately, analysts at Scotiabank initiated coverage on shares of First Quantum Minerals Limited in a research note to investors on Thursday. They set an “outperform” rating and a C$21.00 price target on the stock. Finally, analysts at Haywood Securities cut their price target on shares of First Quantum Minerals Limited from C$21.50 to C$20.50 in a research note to investors on Tuesday, October 22nd. Four investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. First Quantum Minerals Limited has an average rating of “Buy” and a consensus target price of C$22.35.
First Quantum Minerals Limited (TSE:FM) traded down 0.35% on Thursday, hitting $19.71. 1,772,968 shares of the company’s stock traded hands. First Quantum Minerals Limited has a one year low of $14.22 and a one year high of $23.83. The stock has a 50-day moving average of $18.87 and a 200-day moving average of $17.73. The company has a market cap of $11.571 billion and a P/E ratio of 20.31.
First Quantum Minerals Ltd. (TSE:FM) is a mineral exploration, development and mining company.
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