First Quantum Minerals Ltd. (OTCMKTS:FQVLF) was upgraded by equities researchers at Goldman Sachs Group Inc. from a “sell” rating to a “neutral” rating in a note issued to investors on Wednesday.

A number of other research analysts have also recently commented on FQVLF. Cormark raised First Quantum Minerals from a “market perform” rating to a “buy” rating in a research note on Wednesday, August 3rd. Jefferies Group reaffirmed a “buy” rating and set a $14.00 price objective on shares of First Quantum Minerals in a research note on Wednesday, August 24th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of First Quantum Minerals in a research note on Thursday, September 22nd. Dundee Securities cut First Quantum Minerals from a “buy” rating to a “neutral” rating and reduced their price objective for the company from $14.00 to $13.00 in a research note on Monday, October 17th. Finally, RBC Capital Markets reaffirmed a “sector perform” rating and set a $12.50 price objective on shares of First Quantum Minerals in a research note on Wednesday, October 26th. Four equities research analysts have rated the stock with a sell rating, eight have issued a hold rating, eight have given a buy rating and two have assigned a strong buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $10.42.

Analyst Recommendations for First Quantum Minerals (OTCMKTS:FQVLF)

Shares of First Quantum Minerals (OTCMKTS:FQVLF) opened at 10.87 on Wednesday. The company has a 50-day moving average price of $9.61 and a 200-day moving average price of $8.24. First Quantum Minerals has a 12 month low of $1.53 and a 12 month high of $12.25. The company has a market capitalization of $7.45 billion, a price-to-earnings ratio of 157.54 and a beta of 3.41.

WARNING: “First Quantum Minerals Ltd. (FQVLF) Raised to Neutral at Goldman Sachs Group Inc.” was first reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this story on another site, it was illegally stolen and reposted in violation of international trademark and copyright legislation. The correct version of this story can be accessed at https://www.thecerbatgem.com/2016/11/30/first-quantum-minerals-ltd-fqvlf-raised-to-neutral-at-goldman-sachs-group-inc.html.

Receive News & Stock Ratings for First Quantum Minerals Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Quantum Minerals Ltd. and related stocks with our FREE daily email newsletter.