First Quantum Minerals Limited PT Raised to GBX 1,100 (FQM)
Stock analysts at JPMorgan Chase & Co. lifted their price target on shares of First Quantum Minerals Limited (LON:FQM) from GBX 940 ($15.42) to GBX 1,100 ($18.04) in a report issued on Wednesday, ARN reports. The firm currently has a “neutral” rating on the stock. JPMorgan Chase & Co.’s target price would suggest a potential upside of 4.07% from the company’s current price.
FQM has been the subject of a number of other recent research reports. Analysts at RBC Capital reiterated an “outperform” rating on shares of First Quantum Minerals Limited in a research note to investors on Wednesday, December 11th. Separately, analysts at CIBC reiterated an “outperform” rating on shares of First Quantum Minerals Limited in a research note to investors on Wednesday, December 11th. Finally, analysts at Investec cut their price target on shares of First Quantum Minerals Limited from GBX 1,357 ($22.26) to GBX 1,341 ($21.99) in a research note to investors on Wednesday, December 11th. They now have a “buy” rating on the stock. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and nine have assigned a buy rating to the stock. First Quantum Minerals Limited currently has a consensus rating of “Buy” and an average price target of GBX 589.26 ($9.66).
First Quantum Minerals Limited (LON:FQM) traded down 2.48% on Wednesday, hitting GBX 1061.00. 1,595 shares of the company’s stock traded hands. First Quantum Minerals Limited has a 52 week low of GBX 884.50 and a 52 week high of GBX 1419.50. The stock’s 50-day moving average is GBX 1034. and its 200-day moving average is GBX 1078.. The company’s market cap is £6.235 billion.
First Quantum Minerals Ltd. (LON:FQM) is a mineral exploration, development and mining company.
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