First Quantum Minerals Limited Given Buy Rating at Investec (FQM)
First Quantum Minerals Limited (LON:FQM)‘s stock had its “buy” rating reiterated by Investec in a research note issued on Friday, AnalystRatingsNetwork.com reports.
Other equities research analysts have also recently issued reports about the stock. Analysts at Barclays reiterated an “overweight” rating on shares of First Quantum Minerals Limited in a research note on Friday. They now have a GBX 1,375 ($23.04) price target on the stock. Separately, analysts at Jefferies Group reiterated a “buy” rating on shares of First Quantum Minerals Limited in a research note on Friday. They now have a GBX 1,300 ($21.79) price target on the stock. Finally, analysts at Morgan Stanley cut their price target on shares of First Quantum Minerals Limited from GBX 1,300 ($21.79) to GBX 1,250 ($20.95) in a research note on Wednesday. They now have an “overweight” rating on the stock. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and ten have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of GBX 547.28 ($9.17).
Shares of First Quantum Minerals Limited (LON:FQM) opened at 1153.00 on Friday. First Quantum Minerals Limited has a 52-week low of GBX 884.50 and a 52-week high of GBX 1411.00. The stock’s 50-day moving average is GBX 1102. and its 200-day moving average is GBX 1099.. The company’s market cap is £6.775 billion.
First Quantum Minerals Ltd. (LON:FQM) is a mineral exploration, development and mining company.
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