A statement released earlier today by Cantor Fitzgerald about Ferrexpo PLC (LON:FXPO) maintains the target price at 79.00GBX
- Updated: September 19, 2016
Having a price of 53.75GBX, Ferrexpo PLC (LON:FXPO) traded 6.16% higher on the day. With the last stock price close up 72.83% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the date range. FXPO has been tracking to a 50-day average of 68.60GBX and 200-day moving average of 42.38GBX. 1,641,483 shares of FXPO traded hands, up from ann average volume of 1,226,810
Cantor Fitzgerald held the price target of Ferrexpo PLC (LON:FXPO) at 79GBX, reporting a possible upside of 0.47%,
Previously on 7/19/2016, Investec released a statement about Ferrexpo PLC(LON:FXPO) bumped the target price from 24.00GBX to 25.00GBX. At the time, this suggested a downside of -0.35%.
In addition to Cantor Fitzgerald reporting it’s stock price target, a total of 14 analysts have released a ratings update on Ferrexpo PLC. The average target is 0.58GBX with 0 rating the company a strong buy, three analysts rating the stock a buy, three firms rating the stock a hold, five firms rating the stock to underperform, and finally five analysts rating the company as sell.
Ferrexpo PLC has a one-year low of 12.50GBX and a 52 week high of 84.53GBX and has a market capitalization of 0.0 GBX.
General Company Details For Ferrexpo PLC (LON:FXPO)
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. It operates approximately two mines and a processing plant near Kremenchug in Ukraine, and an interest in a port in Odessa, and sales. It operates a fleet of vessels operating on the Rhine and Danube waterways, and an ocean going vessel, which provides top off services, and operates on international sea routes. Its mineral properties lie within the Kremenchug Magnetic Anomaly and are being extracted at the Gorishne-Plavninskoye and Lavrikovskoye (GPL), and Yeristovskoye deposits. It has a customer base supplying steel mills in Austria, Slovakia, the Czech Republic, Germany and other European states, as well as in China, India, Japan, and Taiwan and South Korea.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.