Share on StockTwits

International Ferro Metals Limited (LON:IFL)‘s stock had its “buy” rating reiterated by equities research analysts at Numis Securities Ltd in a research note issued to investors on Wednesday. They currently have a GBX 30 ($0.51) price objective on the stock. Numis Securities Ltd’s price objective would suggest a potential upside of 293.18% from the company’s current price.

Other equities research analysts have also recently issued reports about the stock. Analysts at SP Angel reiterated a “buy” rating on shares of International Ferro Metals Limited in a research note on Wednesday, May 28th. They now have a GBX 20 ($0.34) 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, May 28th. They now have a GBX 42 ($0.72) price target on the stock. Finally, analysts at Macquarie reiterated an “outperform” rating on shares of International Ferro Metals Limited in a research note on Friday, May 16th. They now have a GBX 15 ($0.26) price target on the stock.

International Ferro Metals Limited (LON:IFL) traded down 2.80% during mid-day trading on Wednesday, hitting GBX 7.63. 1,110,830 shares of the company’s stock traded hands. International Ferro Metals Limited has a 52-week low of GBX 7.59 and a 52-week high of GBX 13.00. The stock’s 50-day moving average is GBX 8.88 and its 200-day moving average is GBX 10.18. The company’s market cap is £42.3 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.