Ferrexpo Plc (FXPO) Receives GBX 52.78 Consensus PT from Analysts
Ferrexpo Plc (LON:FXPO) has received an average rating of “Sell” from the twelve research firms that are covering the stock. Seven equities research analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and one has assigned a buy recommendation to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is GBX 52.78 ($0.66).
FXPO has been the topic of a number of research analyst reports. Credit Suisse Group AG reaffirmed an “underperform” rating and set a GBX 28 ($0.35) price objective on shares of Ferrexpo Plc in a research report on Wednesday, August 3rd. Jefferies Group boosted their price objective on shares of Ferrexpo Plc from GBX 20 ($0.25) to GBX 30 ($0.37) and gave the company an “underperform” rating in a research report on Thursday, August 4th. Deutsche Bank AG reaffirmed a “buy” rating and set a GBX 115 ($1.44) price objective on shares of Ferrexpo Plc in a research report on Thursday, August 4th. JPMorgan Chase & Co. lifted their target price on shares of Ferrexpo Plc from GBX 40 ($0.50) to GBX 45 ($0.56) and gave the company a “neutral” rating in a research note on Thursday, August 4th. Finally, Macquarie reiterated an “underperform” rating and issued a GBX 20 ($0.25) target price on shares of Ferrexpo Plc in a research note on Monday, August 22nd.
Ferrexpo Plc (LON:FXPO) opened at 113.25 on Tuesday. The firm’s 50-day moving average is GBX 99.75 and its 200 day moving average is GBX 61.30. Ferrexpo Plc has a one year low of GBX 12.50 and a one year high of GBX 130.00. The firm’s market capitalization is GBX 663.03 million.
Ferrexpo Plc Company Profile
Ferrexpo plc is an iron ore pellet producer. The Company produces, develops and markets its principal product, iron ore pellets, for sale to the metallurgical industry. The Company’s operations are vertically integrated from iron ore mining through to iron ore concentrate, and pellet production and subsequent logistics.
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