Ferrexpo Plc 14.9% Potential Upside Indicated by HSBC

Broker Ratings
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Ferrexpo Plc using EPIC/TICKER code (LON:FXPO) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at HSBC. Ferrexpo Plc are listed in the Basic Materials sector within UK Main Market. HSBC have set a target price of 340 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 14.9% from the opening price of 295.8 GBX. Over the last 30 and 90 trading days the company share price has increased 25.6 points and increased 86.9 points respectively. The 1 year high share price is 304.7 GBX while the year low stock price is currently 138 GBX.

Ferrexpo Plc has a 50 day moving average of 270.94 GBX and the 200 Day Moving Average price is recorded at 215.46. There are currently 588,624,142 shares in issue with the average daily volume traded being 1,837,967. Market capitalisation for LON:FXPO is £1,793,537,832 GBP.

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