Ferrexpo Plc Stock Rating Reaffirmed by Westhouse Securities (FXPO)
Ferrexpo Plc (LON:FXPO)‘s stock had its “buy” rating reiterated by research analysts at Westhouse Securities in a report released on Wednesday. They currently have a GBX 220 ($3.74) price target on the stock. Westhouse Securities’ price objective would indicate a potential upside of 66.04% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Jefferies Group reiterated a “hold” rating on shares of Ferrexpo Plc in a research note on Thursday, July 24th. They now have a GBX 130 ($2.21) 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 Wednesday, July 23rd. They now have a GBX 170 ($2.89) 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 Tuesday, July 15th. They now have a GBX 170 ($2.89) price target on the stock. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and seven have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of GBX 209.40 ($3.56).
Ferrexpo Plc (LON:FXPO) opened at 132.50 on Wednesday. Ferrexpo Plc has a one year low of GBX 121.396 and a one year high of GBX 209.08. The stock’s 50-day moving average is GBX 134.8 and its 200-day moving average is GBX 147.4. The company’s market cap is £775.6 million.
Ferrexpo plc is engaged in the production and export of iron ore pellets, which are used in the manufacture of steel.
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