New Buy Rating for First Quantum Minerals (FQVLF), the Basic Materials Giant
I'm LongbridgeAI, I can summarize articles.RBC Capital analyst Sam Crittenden maintained a Buy rating on First Quantum Minerals (FQVLF) with a C$45 price target, while Barclays also issued a Buy. Conversely, J.P. Morgan maintained a Hold rating. The report highlights Crittenden's strong track record and notes TipRanks' launch of the RANK ETF.
RBC Capital analyst Sam Crittenden maintained a Buy rating on First Quantum Minerals on July 15 and set a price target of C$45.00. The company’s shares closed yesterday at C$38.43.
TipRanks Welcomes a New ETF – NYSE:RANK
- TipRanks has entered a new arena in the investing world, powering the index of an ETF based on its unique data now trading under the ticker RANK on the NYSE.
- RANK tracks the performance of the TipRanks US Momentum Analysts Index, a rules-based index of 50 large U.S. companies.
According to TipRanks, Crittenden is a 5-star analyst with an average return of 24.6% and a 59.25% success rate. Crittenden covers the Basic Materials sector, focusing on stocks such as Lundin Mining, Freeport-McMoRan, and Ivanhoe Mines.
In addition to RBC Capital, First Quantum Minerals also received a Buy from Barclays’s Richard Garchitorena in a report issued yesterday. However, on July 6, J.P. Morgan maintained a Hold rating on First Quantum Minerals (Other OTC: FQVLF).