Ferrexpo (FXPO) Earns “Hold” Rating from Deutsche Bank

Deutsche Bank reissued their hold rating on shares of Ferrexpo (LON:FXPO) in a research report sent to investors on Thursday morning.

FXPO has been the subject of several other reports. Barclays restated an underweight rating and issued a GBX 215 ($2.97) target price on shares of Ferrexpo in a research report on Monday, January 8th. Credit Suisse Group lifted their price target on shares of Ferrexpo from GBX 247.64 ($3.42) to GBX 340 ($4.70) and gave the company a neutral rating in a report on Wednesday, January 17th. JPMorgan Chase & Co. reaffirmed a neutral rating and set a GBX 240 ($3.32) price target on shares of Ferrexpo in a report on Wednesday, January 10th. Citigroup reaffirmed a sell rating and set a GBX 220 ($3.04) price target on shares of Ferrexpo in a report on Thursday. Finally, Liberum Capital reaffirmed a sell rating and set a GBX 130 ($1.80) price target on shares of Ferrexpo in a report on Wednesday, March 21st. Three analysts have rated the stock with a sell rating and four have issued a hold rating to the company. The company presently has an average rating of Hold and an average target price of GBX 235.71 ($3.26).

Ferrexpo stock opened at GBX 263.60 ($3.64) on Thursday. The company has a market cap of $1,840.00 and a P/E ratio of 659.00. Ferrexpo has a 12-month low of GBX 136.88 ($1.89) and a 12-month high of GBX 326.60 ($4.51).

The business also recently declared a dividend, which will be paid on Wednesday, June 27th. Investors of record on Thursday, May 31st will be issued a dividend of $0.03 per share. This represents a dividend yield of 0.88%. The ex-dividend date of this dividend is Thursday, May 31st.

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Ferrexpo Company Profile

Ferrexpo plc mines for, develops, processes, produces, markets, exports, and sells iron ore pellets to the metallurgical industry worldwide. The company operates two open-pit mines and a processing plant near Kremenchug in Ukraine; a port in Odessa; a fleet of vessels operating on the Rhine and Danube waterways; and an ocean going vessel on international sea routes.

Analyst Recommendations for Ferrexpo (LON:FXPO)

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