JPMorgan Chase & Co. reaffirmed their neutral rating on shares of Ferrexpo Plc (LON:FXPO) in a report issued on Thursday. JPMorgan Chase & Co. currently has a GBX 50 ($0.62) price target on the iron ore producer’s stock.
FXPO has been the topic of a number of other reports. Barclays PLC reiterated an underweight rating on shares of Ferrexpo Plc in a research note on Wednesday, September 21st. Jefferies Group reissued an underperform rating and set a GBX 30 ($0.37) price objective on shares of Ferrexpo Plc in a research report on Tuesday, August 23rd. Deutsche Bank AG reissued a buy rating on shares of Ferrexpo Plc in a research report on Wednesday, September 7th. Macquarie reissued an underperform rating and set a GBX 20 ($0.25) price objective on shares of Ferrexpo Plc in a research report on Monday, August 22nd. Finally, Credit Suisse Group AG boosted their price objective on Ferrexpo Plc from GBX 25 ($0.31) to GBX 28 ($0.35) and gave the stock an underperform rating in a research report on Monday, July 18th. Seven research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the stock. Ferrexpo Plc currently has an average rating of Sell and an average target price of GBX 41.70 ($0.52).
Ferrexpo Plc (LON:FXPO) opened at 87.25 on Thursday. The stock’s market capitalization is GBX 510.81 million. Ferrexpo Plc has a 52-week low of GBX 12.50 and a 52-week high of GBX 88.90. The firm’s 50-day moving average is GBX 72.25 and its 200-day moving average is GBX 46.86.
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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