S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead

First Quantum Minerals (FM) Stock Forecast & Price Target

C$14.86
-0.41 (-2.69%)
(As of 04/15/2024 ET)

First Quantum Minerals Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Hold
Based on 17 Analyst Ratings

Analysts' Consensus Price Target

C$15.91
7.04% Upside
High ForecastC$21.00
Average ForecastC$15.91
Low ForecastC$12.00
TypeCurrent Forecast
4/17/23 to 4/16/24
1 Month Ago
3/18/23 to 3/17/24
3 Months Ago
1/17/23 to 1/17/24
1 Year Ago
4/17/22 to 4/17/23
Consensus Rating
Hold
Hold
Hold
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
6 Buy rating(s)
6 Buy rating(s)
2 Buy rating(s)
6 Buy rating(s)
Hold
11 Hold rating(s)
11 Hold rating(s)
14 Hold rating(s)
4 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
1 Sell rating(s)
3 Sell rating(s)
Consensus Price TargetC$15.91C$16.03C$18.11C$31.65
Predicted Upside7.04% Upside24.39% Upside25.62% Upside11.02% Upside
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FM Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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FM Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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First Quantum Minerals Stock vs. The Competition

TypeFirst Quantum MineralsBasic Materials Companies
Consensus Rating Score
2.35
2.57
Consensus RatingHoldModerate Buy
News Sentiment RatingNeutral News
Neutral News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
4/9/2024Bank of America
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 Boost TargetC$16.00 ➝ C$17.00+5.20%
3/28/2024Morgan Stanley
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 Boost TargetOverweightC$17.00 ➝ C$18.90+29.01%
3/26/2024Stifel Nicolaus
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 Set TargetHoldC$14.00+4.09%
3/20/2024Raymond James
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 Boost TargetC$13.00 ➝ C$16.00+13.31%
3/6/2024JPMorgan Chase & Co.
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 Boost TargetNeutralC$11.00 ➝ C$12.00-12.47%
3/4/2024Royal Bank of Canada
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 UpgradeSector Perform ➝ OutperformC$17.00 ➝ C$18.00+32.84%
3/4/2024TD Securities
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 Boost TargetHoldC$14.50 ➝ C$15.50+14.39%
3/4/2024BMO Capital Markets
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 Boost TargetOutperformC$17.00 ➝ C$17.50+29.15%
3/1/2024Canaccord Genuity Group
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 Boost TargetBuyC$17.00 ➝ C$21.00+62.41%
3/1/2024National Bankshares
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 UpgradeSector Perform ➝ OutperformC$15.00 ➝ C$16.50+27.61%
2/29/2024National Bank Financial
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S. Nagle
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UpgradeSec Perform Spec Market Wgt ➝ Outperform Spec Market Weight
2/29/2024Barclays
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 UpgradeUnderperform ➝ Equal WeightC$11.00 ➝ C$13.00+1.33%
2/22/2024Jefferies Financial Group
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 UpgradeHold ➝ BuyC$13.00 ➝ C$18.00+40.30%
2/22/2024Scotiabank
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 Lower TargetSector PerformC$14.50 ➝ C$13.00+1.33%
2/21/2024CIBC
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 Lower TargetNeutralC$15.00 ➝ C$14.00+19.25%
1/16/2024UBS Group
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 Set TargetNeutralC$16.00+20.57%
1/10/2024Citigroup
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 Lower TargetNeutralC$32.00 ➝ C$14.00+10.50%
12/4/2023Eight Capital
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 Lower TargetNeutralC$31.00 ➝ C$16.00+44.93%
10/31/2023Deutsche Bank Aktiengesellschaft
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 DowngradeBuy ➝ Hold

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 02:00 AM ET.

FM Price Target - Frequently Asked Questions

What is First Quantum Minerals's consensus rating and price target?

According to the issued ratings of 17 analysts in the last year, the consensus rating for First Quantum Minerals stock is Hold based on the current 11 hold ratings and 6 buy ratings for FM. The average twelve-month price prediction for First Quantum Minerals is C$15.91 with a high price target of C$21.00 and a low price target of C$12.00. Learn more on FM's analyst rating history.

Do Wall Street analysts like First Quantum Minerals more than its competitors?

Analysts like First Quantum Minerals less than other Basic Materials companies. The consensus rating for First Quantum Minerals is Hold while the average consensus rating for basic materials companies is Moderate Buy. Learn more on how FM compares to other companies.

Is First Quantum Minerals being upgraded by Wall Street analysts?

Over the previous 90 days, First Quantum Minerals's stock had 6 upgrades by analysts.

Does First Quantum Minerals's stock price have much upside?

According to analysts, First Quantum Minerals's stock has a predicted upside of 21.75% based on their 12-month stock forecasts.


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This page (TSE:FM) was last updated on 4/16/2024 by MarketBeat.com Staff

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