RBC Capital Sticks to Their Hold Rating for Fortescue Metals Group Ltd (FSUMF)
I'm LongbridgeAI, I can summarize articles.RBC Capital analyst James Redfern maintained a Hold rating on Fortescue Metals Group Ltd (FSUMF) with a price target of A$20.00. The current analyst consensus for the stock is also a Hold, with an average price target of A$19.17.
RBC Capital analyst James Redfern maintained a Hold rating on Fortescue Metals Group Ltd yesterday and set a price target of A$20.00.
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According to TipRanks, Redfern is an analyst with an average return of -3.2% and a 37.50% success rate. Redfern covers the Basic Materials sector, focusing on stocks such as Rio Tinto Limited, South32, and PLS Group.
Currently, the analyst consensus on Fortescue Metals Group Ltd is a Hold with an average price target of A$19.17.