Ferrexpo PLC (LON:FXPO) stock price target held steady at 117.00GBX, issued a ratings update today by Cantor Fitzgerald
- Updated: October 4, 2016
Just yesterday Ferrexpo PLC (LON:FXPO) traded 2.24% higher at 79.50GBX. Ferrexpo PLC’s 50-day moving average is 72.11GBX and its 200-day moving average is 45.31GBX. The last stock price is up 76.02% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 1,860,243 shares of FXPO traded hands, up from an average trading volume of 1,351,120
In a report released on 10/05/2016 Cantor Fitzgerald hold steady the stock price target of Ferrexpo PLC (LON:FXPO) from 117.00GBX to 117.00GBX reporting a possible upside of 0.47%.
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Ferrexpo PLC has a 52 week low of 12.50GBX and a 52 week high of 85.39GBX The company’s market cap is currently 0 GBX.
In addition to Cantor Fitzgerald reporting its target price, a total of 14 brokers have issued a research note on the company. The average stock price target is 0.58GBX with 0 brokers rating the stock a strong buy, 3 brokers rating the stock a buy, three equity analysts rating the company a hold, five equity analysts rating the company a underperform, and lastly five equity analysts rating the company a sell.
Brief Synopsis About 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.
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