First Quantum Minerals Limited Given Average Rating of “Buy” by Brokerages (LON:FQM)
Shares of First Quantum Minerals Limited (LON:FQM) have been given an average recommendation of “Buy” by the twenty analysts that are covering the company, Stock Ratings Network.com reports. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and thirteen have given a buy rating to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is GBX 979.40 ($16.43).
Shares of First Quantum Minerals Limited (LON:FQM) opened at 1343.00 on Thursday. First Quantum Minerals Limited has a 1-year low of GBX 959.50 and a 1-year high of GBX 1512.00. The stock has a 50-day moving average of GBX 1345. and a 200-day moving average of GBX 1192.. The company’s market cap is £7.886 billion.
FQM has been the subject of a number of recent research reports. Analysts at Haywood Securities downgraded shares of First Quantum Minerals Limited from a “hold” rating to a “sell” rating in a research note on Tuesday, August 5th. Separately, analysts at Numis Securities Ltd downgraded shares of First Quantum Minerals Limited to a “hold” rating in a research note on Monday, August 4th. They now have a GBX 1,500 ($25.16) price target on the stock, up previously from GBX 1,300 ($21.81). Finally, analysts at Jefferies Group raised their price target on shares of First Quantum Minerals Limited from GBX 1,350 ($22.65) to GBX 1,700 ($28.52) in a research note on Thursday, July 24th. They now have a “buy” rating on the stock.
First Quantum Minerals Ltd. (LON:FQM) is a mineral exploration, development and mining company.
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