The Fortescue Metals Group Limited (ASX: FMG) share price has fallen 4% to $4.39 after the iron ore producer was the subject of a negative broker note out of Citi. The broker has downgraded Fortescue’s shares from a buy rating to a sell and cut the price target on its shares to $4.10 from $5.40. This was done in response to the company’s widening discount for its iron ore.
Ann: Iron ore price realisation guidance, page-75
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$22.41 |
Change
-0.210(0.93%) |
Mkt cap ! $68.99B | |||
| Open | High | Low | Value | Volume |
| $22.36 | $22.61 | $22.30 | $82.59M | 3.681M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $22.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.42 | 11435 | 2 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |