JPMorgan Chase Reiterates Underweight on Ferrexpo (FXPO)
Ferrexpo (LON: FXPO)‘s stock had its “underweight” rating reiterated by equities research analysts at JPMorgan Chase in a research note issued to investors on Wednesday. They currently have a $4.24 (269 GBX) price target on the stock.
Separately, analysts at Seymour Pierce reiterated a “buy” rating on shares of Ferrexpo in a research note to investors on Wednesday, January 23rd.
Shares of Ferrexpo opened at 259.50 on Wednesday. Ferrexpo has a 52 week low of GBX 138.70 and a 52 week high of GBX 370.00. The stock’s 50-day moving average is currently GBX 193.3. The company’s market cap is £1.518 billion.
Ferrexpo plc is principally engaged in the production of iron ore pellets, which are used in the manufacture of steel.
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