First Quantum Minerals Limited Receives Average Rating of “Buy” from Analysts (LON:FQM)
Shares of First Quantum Minerals Limited (LON:FQM) have earned a consensus rating of “Buy” from the twenty-two ratings firms that are covering the company, AnalystRatingsNetwork.com reports. One research analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and ten have assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is GBX 549.69 ($9.02).
A number of research firms have recently commented on FQM. Analysts at Citigroup Inc. reiterated a “sell” rating on shares of First Quantum Minerals Limited in a research note on Tuesday. They now have a GBX 940 ($15.42) price target on the stock. Separately, analysts at RBC Capital reiterated an “outperform” rating on shares of First Quantum Minerals Limited in a research note on Tuesday. Finally, analysts at Investec cut their price target on shares of First Quantum Minerals Limited from GBX 1,325 ($21.74) to GBX 1,291 ($21.18) in a research note on Monday, February 3rd. They now have a “buy” rating on the stock.
Shares of First Quantum Minerals Limited (LON:FQM) traded up 3.79% during mid-day trading on Wednesday, hitting GBX 1151.00. The stock had a trading volume of 741 shares. First Quantum Minerals Limited has a one year low of GBX 884.50 and a one year high of GBX 1411.00. The stock’s 50-day moving average is GBX 1081.81 and its 200-day moving average is GBX 1094.. The company’s market cap is £6.764 billion.
First Quantum Minerals Ltd. (LON:FQM) is a mineral exploration, development and mining company.
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