Ferrexpo PLC (LON:FXPO) target price raised to 30.00GBX, reported today by Jefferies International
- Updated: September 18, 2016
Yesterday Ferrexpo PLC (LON:FXPO) traded 5.34% higher at 57.75GBX. FXPO’s 50-day average is 67.14GBX and its two hundred day moving average is 41.82GBX. The last stock price is up 63.55% relative to the two hundred day average, compared with the S&P 500 which has decreased -0.01% over the date range. Trading volume was was down over the average, with 834,479 shares of FXPO changing hands under the typical 1,196,660 shares..
In a report announced on 8/4/2016 Jefferies International raised the target price of Ferrexpo PLC (LON:FXPO) from 20GBX to 30GBX indicating a possible downsideof -0.48%.
On Wednesday August 3 2016, Credit Suisse released a statement about Ferrexpo PLC(LON:FXPO) raised the target price from 0.00GBX to 28.00GBX that suggested a downside of -0.49%.
In addition to Jefferies International reporting it’s target price, a total of 14 equity analysts have issued a research note on the stock. The consensus target is 0.58GBX with 0 rating the stock a strong buy, three analysts rating the stock a buy, three analysts rating the stock a hold, five analysts rating the stock to underperform, and lastly five firms rating the stock as sell.
Ferrexpo PLC has a one-year low of 12.50GBX and a 52 week high of 84.53GBX and has a market cap of 0.0 GBX.
General Information 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, and Taiwan and South Korea.
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