Breaking Finance News

A statement released earlier today by JP Morgan Cazenove about Ferrexpo PLC (LON:FXPO) keeps the target price at 180.00GBX

Only yesterday Ferrexpo PLC (LON:FXPO) traded -4.00% lower at 203.40GBX. FXPO’s 50-day average is 223.05GBX and its two hundred day average is 179.04GBX. With the last stock price up 42.20% relative to the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.05% over the same time. 4,168,154 shares of FXPO traded hands, down from an average volume of 4,196,100

Ferrexpo PLC (LON:FXPO) had its target price hold steady to 180.00GBX by JP Morgan Cazenove in a report announced 7/7/2017. The latest target suggests a potential downside of -0.12% based on the company's previous stock price.

On 6/22/2017, Deutsche Bank reported on Ferrexpo PLC (LON:FXPO) reduced the target price from 280.00GBX to 270.00GBX. At the time, this indicated a possible upside of 0.44%.

See Chart Below

Ferrexpo PLC (LON:FXPO)

With a total market value of 0 GBX, Ferrexpo PLC has 52 week low of 61.00GBX and a 52 week high of 271.70GBX with a PE ratio of 4.60 .

A total of 14 equity analysts have released a ratings update on FXPO. 0 firms rating the stock a strong buy, 3 analysts rating the company a buy, three analysts rating the company a hold, five equity analysts rating the company a underperform, and finally five brokerages rating the stock a sell with a average stock price target of 0.58GBX.

Brief Synopsis On 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, 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.