Analysts Have Conflicting Sentiments on These Materials Companies: Fortescue Metals Group Ltd (OtherFSUMF) and Arafura Resources Limited (OtherARAFF)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 21 2025
0mins
Source: Business Insider
Fortescue Metals Group Ltd (FSUMF): Analyst Jon Bishop upgraded Fortescue to Hold with a price target of A$16.91, while the current analyst consensus remains a Hold with an average target of A$11.66, indicating a potential upside from its recent closing price of $10.45.
Arafura Resources Limited (ARAFF): Canaccord Genuity's Reg Spencer maintained a Buy rating for Arafura with a price target of A$0.30, despite the current consensus being a Moderate Sell with an average target of A$0.08, as shares closed at $0.11.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
