Consensus Fortescue Ltd

Equities

FMG

AU000000FMG4

Delayed Australian S.E. 11:10:09 2024-07-02 pm EDT 5-day change 1st Jan Change
21.74 AUD +0.81% Intraday chart for Fortescue Ltd +0.69% -24.95%

Evolution of the average Target Price on Fortescue Ltd

Price target over the last 5 years

History of analyst recommendation changes

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Barrenjoey Markets Downgrades Fortescue to Underweight From Neutral; Price Target is AU$21 MT
Citi Upgrades Fortescue to Neutral From Sell; Price Target is AU$24 MT
Australian shares unchanged ahead of cenbank expected 50 bps rate hike RE
Australia shares extend losses on recession fears after aggressive rate hikes RE
Australia shares track Wall Street lower ahead of Fed rate decision RE
Australian shares set to record worst week in over 1-1/2 yrs after RBA rate hike RE
Australian shares fall as cenbank raises interest rates, flags more hikes RE
Australian shares flat ahead of potential rate hikes RE
Australian shares fall as miners, Fed rate-hike views weigh RE
Australian shares post first weekly loss in four on rate-hike fears RE
UBS Upgrades Fortescue Metals to Neutral From Sell, Adjusts Price Target to AU$17.10 From AU$16.30 MT
Energy, miners push Australia shares up 1% despite Fed's rate-hike signals RE
Australia shares hit eight-month low on Fed rate-hike fears RE
Australia shares slip ahead of RBA rate decision, tech top drag RE
Ampol : Aussie shares end flat as mining losses offset energy gains; RBA holds rates RE
Fortescue Metals : Aboriginal group to rate Australian miners on performance RE
Peabody Energy : Jefferies slashes miners' rating as escalating China tensions weigh RE
Fortescue Metals : Corporate Credit Rating Upgraded PU
Fortescue Metals : Fitch upgrades Fortescue credit rating PU
Fortescue Metals : Fitch affirms Fortescue's credit ratings PU
FORTESCUE METALS GROUP LIMITED : Morgan Stanley seeks 1.9 percent stake in Fortescue: dealers RE
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Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
UNDERPERFORM
Number of Analysts
17
Last Close Price
14.36 USD
Average target price
13.95 USD
Spread / Average Target
-2.86%
High Price Target
17.5 USD
Spread / Highest target
+21.85%
Low Price Target
8.29 USD
Spread / Lowest Target
-42.27%

Consensus detail

Consensus revision (last 18 months)

Analysts covering Fortescue Ltd

Citigroup
UBS
Trading Rating
Investor Rating
ESG Refinitiv
B-
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