International Ferro Metals Limited Stock Rating Reaffirmed by Numis Securities Ltd (IFL)
International Ferro Metals Limited (LON:IFL)‘s stock had its “buy” rating reiterated by analysts at Numis Securities Ltd in a research report issued to clients and investors on Wednesday. They currently have a GBX 30 ($0.50) price objective on the stock. Numis Securities Ltd’s price objective suggests a potential upside of 358.02% from the company’s current price.
A number of other analysts have also recently weighed in on IFL. Analysts at SP Angel reiterated a “buy” rating on shares of International Ferro Metals Limited in a research note on Tuesday, July 29th. They now have a GBX 20 ($0.33) price target on the stock. Finally, analysts at FinnCap reiterated a “buy” rating on shares of International Ferro Metals Limited in a research note on Thursday, July 17th. They now have a GBX 42 ($0.70) price target on the stock.
Shares of International Ferro Metals Limited (LON:IFL) opened at 6.55 on Wednesday. International Ferro Metals Limited has a one year low of GBX 6.50 and a one year high of GBX 13.00. The stock has a 50-day moving average of GBX 7.41 and a 200-day moving average of GBX 9.4. The company’s market cap is £36.3 million.
International Ferro Metals Limited (LON:IFL) is an integrated ferrochrome producer.
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