Ferrexpo Plc (FXPO) Insider Oliver A. G. Baring Sells 6,000 Shares
Ferrexpo Plc (LON:FXPO) insider Oliver A. G. Baring sold 6,000 shares of the company’s stock in a transaction on Wednesday, October 18th. The stock was sold at an average price of GBX 277 ($3.68), for a total transaction of £16,620 ($22,083.44).
Ferrexpo Plc (FXPO) traded down 0.55% on Thursday, hitting GBX 271.20. 808,679 shares of the stock were exchanged. The firm’s market cap is GBX 1.59 billion. The company has a 50-day moving average price of GBX 295.72 and a 200-day moving average price of GBX 223.42. Ferrexpo Plc has a 52-week low of GBX 91.50 and a 52-week high of GBX 326.60.
FXPO has been the topic of several research reports. J P Morgan Chase & Co reiterated an “overweight” rating and issued a GBX 180 ($2.39) price objective on shares of Ferrexpo Plc in a report on Tuesday, July 4th. Deutsche Bank AG restated a “buy” rating and issued a GBX 270 ($3.59) price target on shares of Ferrexpo Plc in a research note on Friday, July 7th. HSBC Holdings plc reaffirmed a “buy” rating and set a GBX 230 ($3.06) price objective on shares of Ferrexpo Plc in a research report on Friday, July 14th. Liberum Capital reaffirmed a “sell” rating and set a GBX 70 ($0.93) price objective on shares of Ferrexpo Plc in a research report on Thursday, August 3rd. Finally, Barclays PLC reaffirmed an “underweight” rating and set a GBX 130 ($1.73) price objective on shares of Ferrexpo Plc in a research report on Friday, July 14th. Two equities research analysts have rated the stock with a sell rating and four have given a hold rating to the company’s stock. Ferrexpo Plc has a consensus rating of “Hold” and a consensus target price of GBX 188.33 ($2.50).
Ferrexpo Plc Company Profile
Ferrexpo plc is an iron ore pellet producer. The Company produces, develops and markets its principal product, iron ore pellets, for sale to the metallurgical industry. The Company’s operations are vertically integrated from iron ore mining through to iron ore concentrate, and pellet production and subsequent logistics.
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