Ferrexpo Plc (LON:FXPO) has been assigned a consensus recommendation of “Hold” from the six analysts that are presently covering the stock, MarketBeat reports. Two research analysts have rated the stock with a sell rating and four have given a hold rating to the company. The average 12 month target price among brokers that have covered the stock in the last year is GBX 238.33 ($3.29).
Several research analysts have recently issued reports on the stock. Credit Suisse Group upped their target price on shares of Ferrexpo from GBX 247.64 ($3.42) to GBX 340 ($4.70) and gave the stock a “neutral” rating in a research note on Wednesday, January 17th. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a GBX 240 ($3.32) target price on shares of Ferrexpo in a research note on Wednesday, January 10th. Barclays reiterated an “underweight” rating and issued a GBX 215 ($2.97) target price on shares of Ferrexpo in a research note on Monday, January 8th. Finally, Liberum Capital reiterated a “sell” rating and issued a GBX 130 ($1.80) target price on shares of Ferrexpo in a research note on Wednesday, January 24th.
Ferrexpo (LON FXPO) opened at GBX 275.80 ($3.81) on Wednesday. The stock has a market capitalization of $1,620.00 and a P/E ratio of 689.50. Ferrexpo has a 52-week low of GBX 136.80 ($1.89) and a 52-week high of GBX 326.60 ($4.51).
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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