Share on StockTwits

International Ferro Metals Limited (LON:IFL)‘s stock had its “buy” rating reaffirmed by equities research analysts at SP Angel in a research note issued to investors on Wednesday. They currently have a GBX 20 ($0.34) price target on the stock. SP Angel’s price target would suggest a potential upside of 115.52% from the company’s current price.

Shares of International Ferro Metals Limited (LON:IFL) traded down 0.32% during mid-day trading on Wednesday, hitting GBX 9.25. 74,973 shares of the company’s stock traded hands. 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 9.77 and a 200-day moving average of GBX 10.56. The company’s market cap is £51.2 million.

Several other analysts have also recently commented on the stock. Analysts at Numis Securities Ltd reiterated a “buy” rating on shares of International Ferro Metals Limited in a research note on Wednesday. They now have a GBX 30 ($0.50) price target on the stock. Separately, analysts at FinnCap reiterated a “buy” rating on shares of International Ferro Metals Limited in a research note on Wednesday. They now have a GBX 42 ($0.71) price target on the stock.

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.