Ferrexpo Plc Receives Consensus Rating of “Hold” from Analysts (LON:FXPO)
Ferrexpo Plc (LON:FXPO) has earned an average rating of “Hold” from the nineteen analysts that are presently covering the stock, Stock Ratings Network.com reports. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and nine have assigned a buy rating to the company. The average 12-month price target among analysts that have covered the stock in the last year is GBX 219.29 ($3.69).
A number of research firms have recently commented on FXPO. Analysts at Investec reiterated a “buy” rating on shares of Ferrexpo Plc in a research note on Thursday. They now have a GBX 176 ($2.96) price target on the stock. Separately, analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Ferrexpo Plc in a research note on Tuesday. They now have a GBX 170 ($2.86) price target on the stock. Finally, analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Ferrexpo Plc in a research note on Friday, May 9th. They now have a GBX 170 ($2.86) price target on the stock.
Shares of Ferrexpo Plc (LON:FXPO) traded down 0.58% during mid-day trading on Friday, hitting GBX 136.60. The stock had a trading volume of 219,435 shares. Ferrexpo Plc has a one year low of GBX 127.50 and a one year high of GBX 208.60. The stock has a 50-day moving average of GBX 148.9 and a 200-day moving average of GBX 163.6. The company’s market cap is £799.6 million.
Ferrexpo plc is engaged in the production and export of iron ore pellets, which are used in the manufacture of steel.
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.