First Quantum Minerals Limited Rating Lowered to Sell at Haywood Securities (FQM)
Shares of First Quantum Minerals Limited (LON:FQM) traded down 1.09% during mid-day trading on Tuesday, hitting GBX 1363.00. The stock had a trading volume of 12,273 shares. First Quantum Minerals Limited has a 52 week low of GBX 959.50 and a 52 week high of GBX 1512.00. The stock has a 50-day moving average of GBX 1332. and a 200-day moving average of GBX 1188.. The company’s market cap is £8.003 billion.
Several other analysts have also recently commented on the stock. Analysts at Numis Securities Ltd downgraded shares of First Quantum Minerals Limited to a “hold” rating in a research note on Monday. They now have a GBX 1,500 ($25.24) price target on the stock, up previously from GBX 1,300 ($21.87). Separately, analysts at Jefferies Group raised their price target on shares of First Quantum Minerals Limited from GBX 1,350 ($22.72) to GBX 1,700 ($28.61) in a research note on Thursday, July 24th. They now have a “buy” rating on the stock. Finally, analysts at Goldman Sachs reiterated a “buy” rating on shares of First Quantum Minerals Limited in a research note on Thursday, July 17th. They now have a GBX 1,350 ($22.72) price target on the stock. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and thirteen have given a buy rating to the company. First Quantum Minerals Limited has an average rating of “Buy” and an average price target of GBX 911.02 ($15.33).
First Quantum Minerals Ltd. (LON:FQM) is a mineral exploration, development and mining company.
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