UBS upgrades Fortescue Metals Group Ltd (FSUMF) to a Hold
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 30 2025
0mins
Source: Business Insider
Analyst Upgrade: Lachlan Shaw from UBS upgraded Fortescue Metals Group Ltd to a Hold with a price target of A$17.30, while the current analyst consensus is also a Hold with an average price target of $11.46.
Insider Activity: Recent corporate insider activity shows positive sentiment towards FSUMF, indicating an increase in insiders buying shares compared to earlier this year.
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.
