First Quantum Minerals Limited (FM) Price Target Cut to C$12.65 by Analysts at Barclays PLC

First Quantum Minerals Limited (TSE:FM) had its price target reduced by Barclays PLC from C$14.00 to C$12.65 in a research note released on Friday.

Several other analysts have also commented on the stock. TD Securities decreased their price target on shares of First Quantum Minerals Limited from C$21.00 to C$20.00 and set a buy rating for the company in a research report on Friday, April 28th. BMO Capital Markets reissued an outperform rating and set a C$21.00 price target on shares of First Quantum Minerals Limited in a research report on Monday, May 1st. Jefferies Group LLC decreased their price target on shares of First Quantum Minerals Limited from C$18.00 to C$14.00 in a research report on Thursday, June 8th. Scotiabank reissued an outperform rating and set a C$18.00 price target on shares of First Quantum Minerals Limited in a research report on Friday, April 28th. Finally, CSFB reissued an outperform rating and set a C$18.00 price target on shares of First Quantum Minerals Limited in a research report on Monday, April 17th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have given a buy rating to the stock. First Quantum Minerals Limited has an average rating of Buy and an average target price of C$15.84.

Shares of First Quantum Minerals Limited (TSE FM) traded up 8.82% on Friday, reaching $13.69. 3,396,967 shares of the company were exchanged. The company has a market capitalization of $9.39 billion and a price-to-earnings ratio of 171.12. First Quantum Minerals Limited has a 52 week low of $9.53 and a 52 week high of $17.55. The company’s 50-day moving average is $11.25 and its 200-day moving average is $13.77.

TRADEMARK VIOLATION NOTICE: “First Quantum Minerals Limited (FM) Price Target Cut to C$12.65 by Analysts at Barclays PLC” was originally posted by Ticker Report and is owned by of Ticker Report. If you are accessing this piece of content on another site, it was copied illegally and republished in violation of United States & international copyright laws. The legal version of this piece of content can be read at https://www.tickerreport.com/banking-finance/2724180/first-quantum-minerals-limited-fm-price-target-cut-to-c12-65-by-analysts-at-barclays-plc.html.

First Quantum Minerals Limited Company Profile

First Quantum Minerals Ltd. is engaged in the production of copper, nickel, gold, zinc and acid, and related activities, including exploration and development. The Company’s segments include individual mine development projects or mine operations and the Corporate & other segment. The Corporate & other segment is responsible for the evaluation and acquisition of mineral properties, regulatory reporting, treasury and finance and corporate administration.

Analyst Recommendations for First Quantum Minerals Limited (TSE:FM)

Receive News & Ratings for First Quantum Minerals Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Quantum Minerals Limited and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
Shares at Radius Jump as Bone Drug of Amgen Has Setback
Shares at Radius Jump as Bone Drug of Amgen Has Setback


Leave a Reply

© 2006-2017 Ticker Report. Google+.