OTCMKTS:FSUGY - Fortescue Metals Group Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $0.00
  • Forecasted Upside: -100.00 %
  • Number of Analysts: 7
  • Breakdown:
  • 1 Sell Ratings
  • 3 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
$36.08
▲ +0.27 (0.75%)
1 month | 3 months | 12 months
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Analyst Price Target for FSUGY

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$0.00
▼ -100.00% Downside Potential
This price target is based on 7 analysts offering 12 month price targets for Fortescue Metals Group in the last 3 months. The average price target is $0.00, with a high forecast of $0.00 and a low forecast of $10,000,000.00. The average price target represents a -100.00% upside from the last price of $36.08.

Hold

The current consensus among 7 contributing investment analysts is to hold stock in Fortescue Metals Group. This rating has held steady since March 2021, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 2 sell ratings
12/21/2019
  • 0 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 2 sell ratings
3/20/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 2 sell ratings
6/18/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 2 sell ratings
9/16/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 0 sell ratings
12/15/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 0 sell ratings
3/15/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 1 sell ratings
5/14/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 1 sell ratings
6/13/2021

Latest Recommendations

  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
4/13/2021The Goldman Sachs GroupDowngradeNeutral ➝ Sell
i
2/2/2021Credit Suisse GroupUpgradeNeutral ➝ Outperform
i
10/7/2020BMO Capital MarketsInitiated CoverageMarket Perform
i
9/30/2020CSFBUpgradeUnderperform ➝ Neutral
i
9/30/2020Credit Suisse GroupUpgradeUnderperform ➝ Neutral
i
9/22/2020CitigroupUpgradeNeutral ➝ Buy
i
Rating by Paul McTaggart at Citigroup Inc.
9/8/2020JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight
i
8/25/2020CitigroupUpgradeSell ➝ Neutral
i
Rating by Paul McTaggart at Citigroup Inc.
7/8/2020Royal Bank of CanadaUpgradeUnderperform ➝ Sector Perform
i
6/18/2020JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral
i
Rating by Lyndon Fagan at JPMorgan Chase & Co.
5/21/2020CitigroupDowngradeSell
i
Rating by Paul McTaggart at Citigroup Inc.
3/10/2020JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight
i
2/19/2020Royal Bank of CanadaDowngradeSector Perform ➝ Underperform
i
1/22/2020Credit Suisse GroupUpgradeHold
i
Rating by Sam Webb at Credit Suisse Group AG
10/29/2019The Goldman Sachs GroupDowngradeBuy ➝ Neutral
i
10/1/2019Credit Suisse GroupDowngradeNeutral ➝ Underperform
i
9/23/2019Clarkson CapitalReiterated RatingBuy
i
Rating by J. Sussman at Clarkson Capital
9/23/2019Morgan StanleyDowngradeEqual Weight ➝ Underweight
i
8/15/2019UBS GroupUpgradeSell ➝ Neutral
i
8/13/2019The Goldman Sachs GroupUpgradeNeutral ➝ Buy
i
8/6/2019Jefferies Financial GroupDowngradeBuy ➝ Hold
i
4/1/2019Vertical ResearchUpgradeBuy
i
Rating by Gordon Johnson at Vertical Research
3/4/2019JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight
i
2/20/2019HSBCDowngradeBuy ➝ Hold
i
1/30/2019The Goldman Sachs GroupUpgradeSell ➝ Neutral
i
1/28/2019Jefferies Financial GroupUpgradeUnderperform ➝ Buy
i
1/14/2019The Goldman Sachs GroupDowngradeNeutral ➝ Sell
i
1/31/2017Axiom SecuritiesReiterated RatingSell
i
1/26/2017Jefferies Financial GroupReiterated RatingBuy
i
11/29/2016The Goldman Sachs GroupReiterated RatingSell
i
8/1/2016Royal Bank of CanadaReiterated RatingSector Perform
i
7/31/2016MacquarieReiterated RatingOutperform
i
(Data available from 6/14/2016 forward)
Fortescue Metals Group logo
Fortescue Metals Group Limited engages in the exploration, development, production, processing, and sale of iron ore in Australia, China, and internationally. It also explores for copper and gold deposits. The company owns and operates the Chichester Hub that includes the Cloudbreak and Christmas Creek mines located in the Chichester ranges; and the Solomon Hub comprising the Firetail and Kings Valley mines located in the Hamersley ranges of Pilbara, Western Australia. It is also developing the Eliwana mine situated in the Pilbara region of Western Australia. In addition, the company holds a portfolio of properties situated in Ecuador and Argentina. Further, it provides port towage services. Fortescue Metals Group Limited was founded in 2003 and is headquartered in East Perth, Australia.
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Today's Range

Now: $36.08
$35.94
$36.22

50 Day Range

MA: $34.42
$31.16
$38.60

52 Week Range

Now: $36.08
$18.77
$41.35

Volume

49,700 shs

Average Volume

59,766 shs

Market Capitalization

$55.54 billion

P/E Ratio

11.79

Dividend Yield

12.30%

Beta

1.05

Frequently Asked Questions

What sell-side analysts currently cover shares of Fortescue Metals Group?

The following Wall Street sell-side analysts have issued stock ratings on Fortescue Metals Group in the last year: BMO Capital Markets, Citigroup Inc., Credit Suisse Group AG, CSFB, JPMorgan Chase & Co., Royal Bank of Canada, The Goldman Sachs Group, Inc., and Zacks Investment Research.
View the latest analyst ratings for FSUGY.

What is the current price target for Fortescue Metals Group?

0 Wall Street analysts have set twelve-month price targets for Fortescue Metals Group in the last year. has the lowest price target set, forecasting a price of $10,000,000.00 for Fortescue Metals Group in the next year.
View the latest price targets for FSUGY.

What is the current consensus analyst rating for Fortescue Metals Group?

Fortescue Metals Group currently has 1 sell rating, 3 hold ratings and 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in FSUGY, but not buy more shares or sell existing shares.
View the latest ratings for FSUGY.

What other companies compete with Fortescue Metals Group?

How do I contact Fortescue Metals Group's investor relations team?

Fortescue Metals Group's physical mailing address is Level 2 87 Adelaide Terrace, East Perth C3, 6004. The company's listed phone number is 61-8-6218-8888 and its investor relations email address is [email protected] The official website for Fortescue Metals Group is www.fmgl.com.au.