Shares of Ferrexpo Plc (LON:FXPO) have received a consensus rating of “Hold” from the six ratings firms that are currently 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 1 year price objective among brokers that have updated their coverage on the stock in the last year is GBX 238.33 ($3.29).
A number of research firms have recently issued reports on FXPO. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a GBX 240 ($3.32) price objective on shares of Ferrexpo in a report on Wednesday, January 10th. Barclays reaffirmed an “underweight” rating and set a GBX 215 ($2.97) price objective on shares of Ferrexpo in a report on Monday, January 8th. Liberum Capital reaffirmed a “sell” rating and set a GBX 130 ($1.80) price objective on shares of Ferrexpo in a report on Wednesday, January 24th. Finally, Credit Suisse Group boosted their price target 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.
Shares of Ferrexpo (LON:FXPO) opened at GBX 293 ($4.05) on Friday. Ferrexpo has a fifty-two week low of GBX 136.80 ($1.89) and a fifty-two week high of GBX 326.60 ($4.51). The stock has a market cap of $1,740.00 and a price-to-earnings ratio of 732.50.
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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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