Ferrexpo Stock Rating Reaffirmed by Deutsche Bank (FXPO)
Ferrexpo opened at 217.70 on Monday. Ferrexpo has a 52-week low of GBX 138.70 and a 52-week high of GBX 344.10. The stock’s 50-day moving average is currently GBX 193.3. The company’s market cap is £1.274 billion.
Several other analysts have also recently commented on the stock. Analysts at Renaissance Capital downgraded shares of Ferrexpo to a “hold” rating in a research note to investors on Friday, March 1st. They now have a $3.79 price target on the stock. Separately, analysts at JPMorgan Chase reiterated an “underweight” rating on shares of Ferrexpo in a research note to investors on Wednesday, January 30th. They now have a $4.24 price target on the stock. Finally, analysts at Seymour Pierce reiterated a “buy” rating on shares of Ferrexpo in a research note to investors on Wednesday, January 23rd.
Ferrexpo plc is principally engaged in the production of iron ore pellets, which are used in the manufacture of steel.
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