uploads///FMC Analysts NTM Recommendation and Target

FMC’s Ratings and Target Price for March 2018

By

Mar. 15 2018, Updated 3:05 p.m. ET

FMC

FMC (FMC) reported its earnings on February 12. The stock was trading almost flat as of March 14. Similar to Sociedad Química y Minera de Chile S.A. (SQM) and Albemarle (ALB), FMC received attention for its lithium division (MOO). Let’s look at how analysts’ ratings have changed.

Article continues below advertisement

Analysts’ ratings

The current consensus mean rating on FMC stands at 2.18 with an overall “buy” recommendation on the stock. Out of the 22 analysts in the above chart, ~22% or four analysts have a “strong buy” recommendation on the stock for the next 12-month period. About 45% or ten analysts have a “buy” recommendation on the stock, while 36% or seven analysts have a “hold” recommendation for FMC.

FMC was upgraded by Citigroup to “buy” from “neutral” with a target price of $95.

Target price

The consensus mean target price on FMC for the next 12-month period stood at $97.7, which was slightly higher than $97.6 in February. The median target price was even higher at $100. The current mean and median price target would give ~18.2% and 21% upside over the market closing price of $82.7 on March 14.

Advertisement

More From Market Realist

  • CONNECT with Market Realist
  • Link to Facebook
  • Link to Twitter
  • Link to Instagram
  • Link to Email Subscribe
Market Realist Logo
Do Not Sell My Personal Information

© Copyright 2021 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.