Recent Analysts’ Ratings Changes for First Quantum Minerals (FM)

First Quantum Minerals (TSE: FM) has recently received a number of price target changes and ratings updates:

• 2/4/2026 – First Quantum Minerals had its price target raised by analysts at Canadian Imperial Bank of Commerce from C$36.00 to C$46.00.
• 2/3/2026 – First Quantum Minerals had its price target raised by analysts at Morgan Stanley from C$33.50 to C$36.70.
• 2/2/2026 – First Quantum Minerals had its price target lowered by analysts at Barclays PLC from C$44.30 to C$44.20.
• 1/29/2026 – First Quantum Minerals had its price target raised by analysts at National Bankshares, Inc. from C$42.50 to C$47.00.
• 1/26/2026 – First Quantum Minerals had its price target raised by analysts at Desjardins from C$34.00 to C$40.00. They now have a “hold” rating on the stock.
• 1/22/2026 – First Quantum Minerals had its price target raised by analysts at TD Securities from C$34.00 to C$41.00.
• 1/12/2026 – First Quantum Minerals had its price target raised by analysts at Jefferies Financial Group Inc. from C$38.00 to C$47.00.
• 1/8/2026 – First Quantum Minerals had its price target raised by analysts at Barclays PLC from C$38.00 to C$44.30.
• 1/8/2026 – First Quantum Minerals had its price target raised by analysts at Scotiabank from C$35.00 to C$41.00. They now have a “sector perform” rating on the stock.
• 12/16/2025 – First Quantum Minerals had its price target raised by analysts at Morgan Stanley from C$30.20 to C$33.50.

First Quantum Minerals Ltd is a diversified mining company. The company’s principal activities include mineral exploration, mine engineering and construction, and development and mining operations. The firm produces copper in concentrate, copper anode, copper cathode, nickel, gold, zinc, silver, acid, and pyrite. It has operating mines located in Zambia, Finland, Turkey, Spain, and Mauritania. The firm’s project comprises Guelb Moghrein, Sentinel, Kansanshi, Cobre Panama, Pyhasalmi, Ravensthorpe, among others.