Ferrexpo Plc (FXPO) Receives Average Rating of “Hold” from Analysts

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.

The firm also recently announced a dividend, which was paid on Monday, January 15th. Shareholders of record on Thursday, December 14th were issued a dividend of $0.03 per share. The ex-dividend date of this dividend was Thursday, December 14th. This represents a yield of 0.97%.

COPYRIGHT VIOLATION NOTICE: “Ferrexpo Plc (FXPO) Receives Average Rating of “Hold” from Analysts” was reported by American Banking News and is the sole property of of American Banking News. If you are accessing this piece of content on another website, it was copied illegally and reposted in violation of U.S. & international copyright and trademark legislation. The original version of this piece of content can be accessed at https://www.americanbankingnews.com/2018/01/20/ferrexpo-plc-fxpo-receives-average-rating-of-hold-from-analysts.html.

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.

Analyst Recommendations for Ferrexpo (LON:FXPO)

Receive News & Ratings for Ferrexpo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ferrexpo and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply