Buy, Sell, Hold: FMG, MinRes and Primary

PRICE target increases for FMG and MinRes after full-year financials; and for Primary following an acquisition.

Buy, Sell, Hold: FMG, MinRes and Primary Buy, Sell, Hold: FMG, MinRes and Primary Buy, Sell, Hold: FMG, MinRes and Primary Buy, Sell, Hold: FMG, MinRes and Primary Buy, Sell, Hold: FMG, MinRes and Primary

Fortescue Metals Group (FMG)

Analyst: Glyn Lawcock, Amber MacKinnon, UBS

Recommendation: Neutral

Price target: $A5 (previously $4.75)

Thursday’s close: $4.83

Reason: Step up in dividend unexpected.