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Fortescue Metals Group - FSUMF Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $16.90
  • Forecasted Upside: 25.43%
  • Number of Analysts: 2
  • Breakdown:
  • 1 Sell Ratings
  • 1 Hold Ratings
  • 0 Buy Ratings
  • 0 Strong Buy Ratings
$13.47 As of 03/24/2023 01:00 AM ET
▼ -0.03 (-0.22%)

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

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Analyst Price Target for FSUMF

Analyst Price Target is $16.90
▲ +25.43% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Fortescue Metals Group in the last 3 months. The average price target is $16.90, with a high forecast of $17.10 and a low forecast of $16.70. The average price target represents a 25.43% upside from the last price of $13.47.

This chart shows the closing price for FSUMF 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 2 contributing investment analysts is to hold stock in Fortescue Metals Group. This rating has held steady since March 2022, when it changed from a Sell consensus rating.

Past Monthly Recommendations

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Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 2 sell ratings
Ratings as of
10/2/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 2 sell ratings
Ratings as of
12/31/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 2 sell ratings
Ratings as of
3/31/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 2 sell ratings
Ratings as of
6/29/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
9/27/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 1 sell ratings
Ratings as of
12/26/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 1 sell ratings
Ratings as of
2/24/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 1 sell ratings
Ratings as of
3/26/2023

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
11/28/2022CitigroupDowngradeSell$16.70
3/28/2022UBS GroupUpgradeHold$17.10
12/6/2021JPMorgan Chase & Co.DowngradeHold$19.00
9/9/2021CitigroupUpgradeBuy$18.50
7/15/2021Royal Bank of CanadaDowngradeSell$20.00
10/30/2019The Goldman Sachs GroupDowngradeBuy ➝ Neutral
9/24/2019Morgan StanleyDowngradeEqual ➝ Equal Weight
3/4/2019JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight
1/14/2019The Goldman Sachs GroupDowngradeNeutral ➝ Sell
(Data available from 3/26/2018 forward)

News Sentiment Rating

1.51 (Strong Buy)

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
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/28/2022
  • 1 very positive mentions
  • 4 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
Mentions as of
9/27/2022
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/27/2022
  • 0 very positive mentions
  • 2 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
Mentions as of
11/26/2022
  • 1 very positive mentions
  • 2 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
12/26/2022
  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/25/2023
  • 1 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
2/24/2023
  • 1 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/26/2023

Current Sentiment

  • 1 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

  • No positive mentions tracked during this time.

Very Positive

Fortescue Metals Group logo
Fortescue Metals Group Ltd. engages in the development of iron ore deposits. It operates through the following segments: Iron Ore, Fortescue Future Industries (FFI), and Corporate. The Iron Ore segments comprises of the exploration, development, production, processing, sale and transportation of iron ore, and the exploration for other minerals. The FFI segment consists of undertaking activities in the global development of green electricity, green hydrogen and green ammonia projects. The Corporate segment refers to cash, debt and tax balances which are managed at a Group level, together with other corporate activities. The company was founded by John Andrew Henry Forrest in April 2003 and is headquartered in East Perth, Australia.
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Today's Range

Now: $13.47
Low: $13.40
High: $13.50

50 Day Range

MA: $15.07
Low: $13.47
High: $16.10

52 Week Range

Now: $13.47
Low: $9.35
High: $16.62

Volume

1,900 shs

Average Volume

5,021 shs

Market Capitalization

N/A

P/E Ratio

14.45

Dividend Yield

9.78%

Beta

N/A

Frequently Asked Questions

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

The following equities research analysts have issued stock ratings on Fortescue Metals Group in the last twelve months: Citigroup Inc., and UBS Group AG.
View the latest analyst ratings for FSUMF.

What is the current price target for Fortescue Metals Group?

2 Wall Street analysts have set twelve-month price targets for Fortescue Metals Group in the last year. Their average twelve-month price target is $16.90, suggesting a possible upside of 25.4%. UBS Group AG has the highest price target set, predicting FSUMF will reach $17.10 in the next twelve months. Citigroup Inc. has the lowest price target set, forecasting a price of $16.70 for Fortescue Metals Group in the next year.
View the latest price targets for FSUMF.

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

Fortescue Metals Group currently has 1 sell rating and 1 hold rating 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 FSUMF, but not buy more shares or sell existing shares.
View the latest ratings for FSUMF.

What other companies compete with Fortescue Metals Group?

Other companies that are similar to Fortescue Metals Group include Adriatic Metals, Almonty Industries, American Battery Technology, American Graphite Technologies and Anglo American Platinum. Learn More about companies similar to Fortescue Metals Group.

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

Fortescue Metals Group's physical mailing address is Level 2, East Perth, Western Australia. The company's listed phone number is (186) 218-8888. The official website for Fortescue Metals Group is www.fmgl.com.au. Learn More about contacing Fortescue Metals Group investor relations.