International Ferro Metals Ltd’s Buy Rating Reaffirmed at Numis Securities Ltd (IFL)
International Ferro Metals Ltd (LON:IFL)‘s stock had its “buy” rating reaffirmed by research analysts at Numis Securities Ltd in a report released on Tuesday, StockRatingsNetwork reports. They currently have a GBX 30 ($0.48) target price on the stock. Numis Securities Ltd’s target price suggests a potential upside of 241.69% from the company’s current price.
International Ferro Metals Ltd (LON:IFL) traded up 4.78% during mid-day trading on Tuesday, hitting GBX 9.20. The stock had a trading volume of 95,263 shares. International Ferro Metals Ltd has a 52-week low of GBX 8.25 and a 52-week high of GBX 15.50. The stock’s 50-day moving average is GBX 9.10 and its 200-day moving average is GBX 9.67. The company’s market cap is £51.0 million.
International Ferro Metals Limited (LON:IFL) is an integrated ferrochrome producer.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.