UBS maintains Fortescue Metals at 'sell' with a price target of AUD16.10

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UBS maintains Fortescue Metals at 'sell' with a price target of AUD16.10

An analyst from UBS maintained Fortescue Metals (ASX: FMG ) at 'sell' with a price target of AUD16.10 from a prior price target of %currency%%price%.

Prior to this rating, Fortescue Metals had 1 buy ratings, 2 hold ratings, and 12 sell ratings.

For consensus analyst estimates and price targets on Fortescue Metals, click here. For more news on Fortescue Metals, click here.

Fortescue Metals's stock price closed at $20.510. They are down -2.43% in the last month and up 24.000% in the last 12 months.

According to Investing Pro, Fortescue Metals's fair value is $23.145, an upside of 12.298%. Fortescue Metals's fair value comes with a low degree of uncertainty, according to InvestingPro.

Check out Fortescue Metals's recent earnings performance and financials here.

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