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

  • Consensus Rating: Hold
  • Consensus Price Target: $22.00
  • Forecasted Upside: -4.80 %
  • Number of Analysts: 5
  • Breakdown:
  • 2 Sell Ratings
  • 3 Hold Ratings
  • 0 Buy Ratings
  • 0 Strong Buy Ratings
$23.11
▼ -0.9 (-3.75%)

This chart shows the closing price for FSUGY by one month, three months, or twelve months.

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Analyst Price Target for FSUGY

Analyst Price Target is $22.00
▼ -4.80% Downside Potential
This price target is based on 5 analysts offering 12 month price targets for Fortescue Metals Group in the last 3 months. The average price target is $22.00, with a high forecast of $0.00 and a low forecast of $0.00. The average price target represents a -4.80% upside from the last price of $23.11.

This chart shows the closing price for FSUGY for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 5 polled investment analysts is to hold stock in Fortescue Metals Group. This rating has held steady since November 2021, when it changed from a Sell consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 0 buy ratings
  • 5 hold ratings
  • 1 sell ratings
1/10/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 5 hold ratings
  • 1 sell ratings
4/10/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 5 hold ratings
  • 1 sell ratings
7/9/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 3 sell ratings
10/7/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 3 sell ratings
1/5/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 3 sell ratings
4/5/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 2 sell ratings
6/4/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 2 sell ratings
7/4/2022

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
12/6/2021JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral
12/1/2021CitigroupDowngradeBuy ➝ Neutral
9/17/2021UBS GroupDowngradeNeutral ➝ Sell
9/9/2021CitigroupUpgradeNeutral ➝ Buy
7/30/2021Credit Suisse GroupDowngradeHold$22.00
7/15/2021Royal Bank of CanadaDowngradeSector Perform ➝ Underperform
4/13/2021The Goldman Sachs GroupDowngradeNeutral ➝ Sell
2/2/2021Credit Suisse GroupUpgradeNeutral ➝ Outperform
10/7/2020BMO Capital MarketsInitiated CoverageMarket Perform
9/30/2020CSFBUpgradeUnderperform ➝ Neutral
9/30/2020Credit Suisse GroupUpgradeUnderperform ➝ Neutral
9/22/2020CitigroupUpgradeNeutral ➝ Buy
9/8/2020JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight
8/25/2020CitigroupUpgradeSell ➝ Neutral
7/8/2020Royal Bank of CanadaUpgradeUnderperform ➝ Sector Perform
6/18/2020JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral
5/21/2020CitigroupDowngradeSell
3/10/2020JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight
2/19/2020Royal Bank of CanadaDowngradeSector Perform ➝ Underperform
1/22/2020Credit Suisse GroupUpgradeHold
10/29/2019The Goldman Sachs GroupDowngradeBuy ➝ Neutral
10/1/2019Credit Suisse GroupDowngradeNeutral ➝ Underperform
9/23/2019Clarkson CapitalReiterated RatingBuy
9/23/2019Morgan StanleyDowngradeEqual Weight ➝ Underweight
8/15/2019UBS GroupUpgradeSell ➝ Neutral
8/13/2019The Goldman Sachs GroupUpgradeNeutral ➝ Buy
8/6/2019Jefferies Financial GroupDowngradeBuy ➝ Hold
4/1/2019Vertical ResearchUpgradeBuy
3/4/2019JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight
2/20/2019HSBCDowngradeBuy ➝ Hold
1/30/2019The Goldman Sachs GroupUpgradeSell ➝ Neutral
1/28/2019Jefferies Financial GroupUpgradeUnderperform ➝ Buy
1/14/2019The Goldman Sachs GroupDowngradeNeutral ➝ Sell
(Data available from 7/5/2017 forward)

News Sentiment Rating

0.18 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 0 very positive mentions
  • 5 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
12/6/2021
  • 1 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
1/5/2022
  • 2 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
2/4/2022
  • 0 very positive mentions
  • 11 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
3/6/2022
  • 1 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
4/5/2022
  • 1 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
5/5/2022
  • 0 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/4/2022
  • 0 very positive mentions
  • 7 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
7/4/2022

Current Sentiment

  • 0 very positive mentions
  • 7 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
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, Kings Valley, and Queens 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 incorporated in 1983 and is headquartered in East Perth, Australia.
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Today's Range

Now: $23.11
Low: $22.46
High: $23.15

50 Day Range

MA: $27.76
Low: $23.11
High: $31.14

52 Week Range

Now: $23.11
Low: $20.40
High: $39.40

Volume

112,000 shs

Average Volume

71,827 shs

Market Capitalization

$35.58 billion

P/E Ratio

N/A

Dividend Yield

11.00%

Beta

1.12

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: Citigroup Inc., Credit Suisse Group AG, JPMorgan Chase & Co., Royal Bank of Canada, and UBS Group AG.
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. Their average twelve-month price target is $22.00, suggesting a possible downside of 4.8%.
View the latest price targets for FSUGY.

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

Fortescue Metals Group currently has 2 sell ratings and 3 hold 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.

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 (186) 218-8888 and its investor relations email address is [email protected] The official website for Fortescue Metals Group is www.fmgl.com.au. Learn More about contacing Fortescue Metals Group investor relations.