National Bank Financial Cuts First Quantum Minerals Limited (TSE:FM) Price Target to C$16.50

First Quantum Minerals Limited (TSE:FM) had its price target trimmed by National Bank Financial from C$17.00 to C$16.50 in a research report released on Friday, October 27th. The brokerage currently has a sector perform rating on the stock.

Several other equities analysts have also weighed in on the stock. Barclays PLC boosted their target price on shares of First Quantum Minerals Limited from C$12.65 to C$15.10 in a report on Tuesday, October 24th. Raymond James Financial, Inc. boosted their target price on shares of First Quantum Minerals Limited from C$16.00 to C$18.00 in a report on Monday, October 23rd. Berenberg Bank decreased their target price on shares of First Quantum Minerals Limited from C$12.80 to C$11.75 in a report on Wednesday, July 12th. Royal Bank of Canada decreased their price objective on shares of First Quantum Minerals Limited from C$16.00 to C$15.00 and set a sector perform rating on the stock in a report on Monday, July 31st. Finally, Jefferies Group LLC restated a buy rating and issued a C$15.00 price objective on shares of First Quantum Minerals Limited in a report on Friday, July 14th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and seven have assigned a buy rating to the stock. The stock has a consensus rating of Hold and an average target price of C$17.26.

Shares of First Quantum Minerals Limited (TSE FM) opened at C$16.10 on Friday. First Quantum Minerals Limited has a one year low of C$9.69 and a one year high of C$17.55.

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About First Quantum Minerals Limited

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)

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