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FMC’s Ratings and Target Price for March 2018


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


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.

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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.


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