Ferrexpo PLC (LON:FXPO) target price held steady at 50.00GBX, reported today by JP Morgan Cazenove
- Updated: October 8, 2016
Ferrexpo PLC (LON:FXPO) had its price target hold steady to 50.00GBX by JP Morgan Cazenove in an issued report issued Thursday October 06, 2016. The updated stock price target indicates a possible downside of -0.36% from the company's last stock close price.
Previously on 10/5/2016, Cantor Fitzgerald reported about Ferrexpo PLC (LON:FXPO) held steady the target price at 117.00GBX. At the time, this indicated a possible upside of 0.47%.
Yesterday Ferrexpo PLC (LON:FXPO) traded 1.25% higher at 78.00GBX. The company’s 50-day moving average is 72.24GBX and its 200-day moving average is 46.26GBX. The last stock close price is up 75.09% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 1,124,053 shares of the stock were exchanged, down from an avg. volume of 1,354,200
With a total market value of 0 GBX, Ferrexpo PLC has with a one year low of 12.50GBX and a one year high of 85.39GBX .
A total of 14 analysts have released a research note on FXPO. zero analysts rating the company a strong buy, three analysts rating the company a buy, three analysts rating the company a hold, five analysts rating the company a underperform, and finally five analysts rating the company a sell with a one year target of 0.58GBX.
More 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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