First Quantum Minerals Limited PT Raised to GBX 1,550 (FQM)
Equities researchers at BNP Paribas increased their price objective on shares of First Quantum Minerals Limited (LON:FQM) from GBX 1,350 ($23.16) to GBX 1,550 ($26.59) in a research report issued on Friday. The firm currently has an “outperform” rating on the stock. BNP Paribas’ price objective suggests a potential upside of 8.77% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at TD Securities raised their price target on shares of First Quantum Minerals Limited from C$27.00 to C$30.00 in a research note on Monday. They now have a “buy” rating on the stock. Separately, analysts at Citigroup Inc. reiterated a “sell” rating on shares of First Quantum Minerals Limited in a research note on Monday. They now have a GBX 950 ($16.30) price target on the stock. Finally, analysts at Numis Securities Ltd reiterated an “add” rating on shares of First Quantum Minerals Limited in a research note on Thursday, June 19th. They now have a GBX 1,300 ($22.30) price target on the stock. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and thirteen have given a buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of GBX 820.32 ($14.07).
Shares of First Quantum Minerals Limited (LON:FQM) traded down 0.70% during mid-day trading on Friday, hitting GBX 1425.00. The stock had a trading volume of 40,304 shares. First Quantum Minerals Limited has a 52-week low of GBX 959.50 and a 52-week high of GBX 1463.00. The stock has a 50-day moving average of GBX 1255.56 and a 200-day moving average of GBX 1148.56. The company’s market cap is £8.367 billion.
First Quantum Minerals Ltd. (LON:FQM) is a mineral exploration, development and mining company.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.