FM:TSX Analyst Ratings Coverage
TD Securities (Rank#13) has maintained its rating on First Quantum Minerals, designating it as “Hold.” The target price for First Quantum Minerals remains at CAD 25, as of the latest update on 11/20/2023. This suggests that TD Securities is advising investors to hold their current positions on the stock rather than making significant buying or selling decisions.
First Quantum Stock Analysis
According to the consensus of 17 analysts, the average target price for First Quantum Minerals Ltd is forecasted to be CAD 31.53 over the next 12 months. The prevailing sentiment among analysts is categorized as “Hold.” Stock Target Advisor’s proprietary analysis of First Quantum Minerals Ltd, however, presents a Slightly Bullish outlook. This is based on 10 positive signals and 7 negative signals identified through their analysis.
As of the last closing, the stock price of First Quantum Minerals Ltd stood at CAD 15.31. The stock has witnessed notable fluctuations, experiencing a decline of -5.96% over the past week, a substantial decrease of -50.60% over the past month, and a significant drop of -48.12% over the last year.
The mixed signals from analysts and the internal analysis suggest a degree of uncertainty or divergence in opinions about the future performance of First Quantum Minerals Ltd. Investors may find these insights valuable in assessing the potential risks and opportunities associated with holding or trading the stock.