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Fortescue Metals Group Ltd (AU:FMG)
ASX:FMG
RESEARCH TOOLSreports
Holding AU:FMG?
Track your performance easily
See the Price Targets and Ratings of:
FMG Analyst Ratings
Hold
4 Buy
4 Hold
4 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
FMG Stock 12 Month Forecast
Average Price Target
AU$18.87
▲(4.59% Upside)
| Highest Price TargetAU$23.00 | Average Price TargetAU$18.87 | Lowest Price TargetAU$14.25 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
RBC Capital
Reiterated
11/10/24
Morgans
Reiterated
10/29/24
Morgan Stanley
Reiterated
10/25/24
Goldman Sachs
Reiterated
10/24/24
Citi
Reiterated
10/24/24
J.P. Morgan
Reiterated
10/24/24
Jarden
Reiterated
10/11/24
Jefferies
Reiterated
10/08/24
Macquarie
Reiterated
09/13/24
CLSA
AU$21→AU$19.25
Hold
6.71%
Upside
Reiterated
08/29/24
Fortescue Metals Group Ltd. (FMG:AU) (FSUGY) PT Lowered to AUD19.25 at CLSACLSA analyst Baden Moore lowered the price target on Fortescue Metals Group Ltd. (FMG:AU) (OTC: FSUGY) to AUD19.25 (from AUD21.00) while maintaining a Hold (3) rating.
Bell Potter
AU$21.39
Sell
18.57%
Upside
Reiterated
01/22/24
Analysts Offer Insights on Materials Companies: Fortescue Metals Group Ltd (Other OTC: FSUMF) and Evolution Mining Limited (Other OTC: CAHPF)
―
Ord Minnett
―
Buy
―
Reiterated
10/25/24
Best Analysts Covering Fortescue Metals Group Ltd
Which Analyst Should I Follow If I Want to Buy AU:FMG and Sell After:
1 Month
xxx
Success Rate
12/20 ratings generated profit
Average Return
+1.15%
reiterated a xxx
rating last month
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 60.00% of your transactions generating a profit, with an average return of +1.15% per trade.
3 Months
xxx
Success Rate
14/17 ratings generated profit
Average Return
+4.52%
reiterated a xxx
rating 2 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 82.35% of your transactions generating a profit, with an average return of +4.52% per trade.
1 Year
Success Rate
15/20 ratings generated profit
Average Return
+7.92%
reiterated a sell rating last month
Copying Lachlan Shaw's trades and holding each position for 1 Year would result in 75.00% of your transactions generating a profit, with an average return of +7.92% per trade.
2 Years
xxx
Success Rate
20/25 ratings generated profit
Average Return
+22.08%
reiterated a xxx
rating 29 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 80.00% of your transactions generating a profit, with an average return of +22.08% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
FMG Analyst Recommendation Trends
Rating
Jul 24
Aug 24
Sep 24
Oct 24
Nov 24
Strong Buy
1
5
7
11
8
Buy
1
1
0
0
0
Hold
10
14
16
11
7
Sell
15
18
18
10
5
Strong Sell
0
0
0
0
0
total
27
38
41
32
20
Each month's total comprises the sum of three months' worth of ratings.
FMG Financial Forecast
FMG Stock Forecast FAQ
What is AU:FMG’s average 12-month price target, according to analysts?
Based on analyst ratings, Fortescue Metals Group Ltd’s 12-month average price target is AU$18.87.
What is AU:FMG’s upside potential, based on the analysts’ average price target?
Fortescue Metals Group Ltd has 4.59% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is Fortescue Metals Group Ltd a Buy, Sell or Hold?
Fortescue Metals Group Ltd has a consensus rating of Hold, which is based on 4 buy ratings, 4 hold ratings and 4 sell ratings.
What is Fortescue Metals Group Ltd’s share price target?
The average share price target for Fortescue Metals Group Ltd is AU$18.87. This is based on 12 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst share price target is AU$23.00 ,and the lowest forecast is AU$14.25. The average share price target represents 4.59% Increase from the current price of AU$18.04.
The highest analyst share price target is AU$23.00 ,and the lowest forecast is AU$14.25. The average share price target represents 4.59% Increase from the current price of AU$18.04.
What do analysts say about Fortescue Metals Group Ltd?
Fortescue Metals Group Ltd’s analyst rating consensus is a Hold. This is based on the ratings of 12 Wall Streets Analysts.
How can I buy shares of Fortescue Metals Group Ltd?
To buy shares of AU:FMG, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.