International Ferro Metals Limited Given Outperform Rating at Macquarie (IFL)
International Ferro Metals Limited (LON:IFL)‘s stock had its “outperform” rating restated by stock analysts at Macquarie in a report issued on Friday, Analyst Ratings News reports. They currently have a GBX 15 ($0.25) price target on the stock. Macquarie’s price objective points to a potential upside of 55.12% from the company’s current price.
IFL has been the subject of a number of other recent research reports. Analysts at Numis Securities Ltd reiterated a “buy” rating on shares of International Ferro Metals Limited in a research note on Friday, May 9th. They now have a GBX 30 ($0.51) price target on the stock. Finally, analysts at FinnCap initiated coverage on shares of International Ferro Metals Limited in a research note on Wednesday, April 30th. They set a “buy” rating and a GBX 42 ($0.71) price target on the stock.
Shares of International Ferro Metals Limited (LON:IFL) opened at 9.39 on Friday. International Ferro Metals Limited has a one year low of GBX 8.25 and a one year high of GBX 13.00. The stock has a 50-day moving average of GBX 10.11 and a 200-day moving average of GBX 10.53. The company’s market cap is £52.0 million.
International Ferro Metals Limited (LON:IFL) is an integrated ferrochrome producer.
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