Goldman Sachs Group upgraded shares of First Quantum Minerals (TSE:FM) from a neutral rating to a buy rating in a report published on Monday.

A number of other equities analysts have also recently commented on FM. National Bank Financial dropped their price target on shares of First Quantum Minerals from C$15.25 to C$15.00 and set a sector perform rating for the company in a research note on Thursday, August 17th. Eight Capital reaffirmed a buy rating on shares of First Quantum Minerals in a research note on Thursday, August 17th. Jefferies Group lifted their price target on shares of First Quantum Minerals from C$16.00 to C$23.00 in a research note on Thursday, August 31st. Scotiabank reaffirmed an outperform rating and set a C$16.00 price target on shares of First Quantum Minerals in a research note on Friday, September 1st. Finally, BNP Paribas raised shares of First Quantum Minerals from an underperform rating to a neutral rating in a research note on Wednesday, September 6th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and nine have issued a buy rating to the stock. First Quantum Minerals presently has an average rating of Buy and an average price target of C$17.45.

First Quantum Minerals (FM) opened at C$16.90 on Monday. First Quantum Minerals has a 52 week low of C$9.69 and a 52 week high of C$17.55.

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First Quantum Minerals 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 (TSE:FM)

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