First Quantum Minerals Limited (TSE:FM)‘s stock had its “neutral” rating restated by CIBC in a research note issued to investors on Friday. They currently have a C$15.50 price target on the stock. CIBC’s target price would indicate a potential upside of 16.89% from the stock’s current price.

FM has been the topic of a number of other research reports. TD Securities dropped their price target on First Quantum Minerals Limited from C$19.50 to C$19.00 and set a “buy” rating on the stock in a research note on Monday, July 31st. Scotiabank restated an “outperform” rating and set a C$16.00 price target on shares of First Quantum Minerals Limited in a research note on Friday, September 1st. Jefferies Group LLC dropped their price target on First Quantum Minerals Limited from C$18.00 to C$14.00 in a research note on Thursday, June 8th. Royal Bank Of Canada dropped their price target on First Quantum Minerals Limited from C$16.00 to C$15.00 and set a “sector perform” rating on the stock in a research note on Monday, July 31st. Finally, National Bank Financial dropped their price target on First Quantum Minerals Limited from C$15.25 to C$15.00 and set a “sector perform” rating on the stock in a research note on Thursday, August 17th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of C$16.64.

Shares of First Quantum Minerals Limited (TSE FM) opened at 13.26 on Friday. The stock’s market capitalization is $9.09 billion. The company’s 50-day moving average is $13.74 and its 200 day moving average is $12.94. First Quantum Minerals Limited has a 12 month low of $9.69 and a 12 month high of $17.55.

TRADEMARK VIOLATION WARNING: This article was published by Daily Political and is owned by of Daily Political. If you are viewing this article on another domain, it was stolen and republished in violation of U.S. and international trademark & copyright law. The original version of this article can be viewed at https://www.dailypolitical.com/2017/09/17/first-quantum-minerals-limited-fm-stock-rating-reaffirmed-by-cibc.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.