Hi all
I saw the below post, and having bought FMG at $21.18 I’m hoping there’s some merit to it… what’s your thoughts? All I’m reading is doom and gloom which is scaring me!
One leading broker, JP Morgan, has reiterated its overweight rating on Fortescue shares, and believes there is still further gains imminent. As such it has assigned a $29 per share price target for the Fortescue Metals share price. This implies an upside potential of approximately 42% from the current trading price.
JP Morgan tipping 42% increase
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Last
$21.92 |
Change
0.350(1.62%) |
Mkt cap ! $67.49B | |||
| Open | High | Low | Value | Volume |
| $21.60 | $21.95 | $21.54 | $94.22M | 4.315M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $21.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.93 | 18370 | 7 |
View Market Depth
| Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |