Ferrexpo Plc 12.6% Potential Decrease Indicated by Barclays Capital

Broker Ratings

Ferrexpo Plc using EPIC/TICKER code (LON:FXPO) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘UNDERWEIGHT’ this morning by analysts at Barclays Capital. Ferrexpo Plc are listed in the Basic Materials sector within UK Main Market. Barclays Capital have set their target price at 140 GBX on its stock. This now indicates the analyst believes there is a potential downside of -12.6% from today’s opening price of 160.25 GBX. Over the last 30 and 90 trading days the company share price has increased 3.35 points and increased 25.25 points respectively. The 1 year high stock price is 305.6 GBX while the year low share price is currently 119.85 GBX.

Ferrexpo Plc has a 50 day moving average of 149.95 GBX and the 200 Day Moving Average price is recorded at 204.91. There are currently 2,112,071,796 shares in issue with the average daily volume traded being 2,517,111. Market capitalisation for LON:FXPO is £913,838,980 GBP.

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    Ferrexpo and Salzgitter announce a collaboration for high-quality iron ore pellets in low-carbon steel production, driving green steel forward in Europe.
    Ferrexpo plc (LON:FXPO) announces its 2023 financial results amidst ongoing challenges, including a provision for legal disputes and positive cash flows.
    Ferrexpo plc (LON:FXPO) provides an update on its subsidiary Ferrexpo Poltava Mining, highlighting strong performance despite legal challenges.
    Ferrexpo plc, a leading iron ore pellet supplier, faces a claim of UAH4,727 million. They will appeal the decision to the Supreme Court.

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