Ferrexpo Plc (LON:FXPO) has been assigned a consensus recommendation of “Hold” from the six ratings firms that are presently covering the stock, MarketBeat Ratings reports. Two analysts have rated the stock with a sell rating and four have issued a hold rating on the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is GBX 238.33 ($3.23).
Several equities analysts have recently commented on FXPO shares. Deutsche Bank lowered shares of Ferrexpo to a “hold” rating and upped their price objective for the stock from GBX 270 ($3.66) to GBX 280 ($3.80) in a report on Friday, October 6th. Credit Suisse Group upped their price objective on shares of Ferrexpo from GBX 247.64 ($3.36) to GBX 340 ($4.61) and gave the stock a “neutral” rating in a report on Wednesday. JPMorgan Chase & Co. restated a “neutral” rating and issued a GBX 240 ($3.25) price objective on shares of Ferrexpo in a report on Wednesday, January 10th. Liberum Capital restated a “sell” rating and issued a GBX 130 ($1.76) price objective on shares of Ferrexpo in a report on Monday, October 30th. Finally, Barclays restated an “underweight” rating and issued a GBX 215 ($2.92) price objective on shares of Ferrexpo in a report on Monday, January 8th.
Ferrexpo (FXPO) opened at GBX 310.20 ($4.21) on Friday. Ferrexpo has a fifty-two week low of GBX 128.10 ($1.74) and a fifty-two week high of GBX 326.60 ($4.43). The firm has a market cap of $1,820.00 and a PE ratio of 775.50.
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Ferrexpo 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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