Ferrexpo Plc 15.6% Potential Decrease Indicated by JP Morgan Cazenove

Broker Ratings
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Ferrexpo Plc with EPIC/TICKER (LON:FXPO) had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘UNDERWEIGHT’ today by analysts at JP Morgan Cazenove. Ferrexpo Plc are listed in the Basic Materials sector within UK Main Market. JP Morgan Cazenove have set a target price of 150 GBX on its stock. This would imply the analyst believes there is a potential downside of -15.6% from the opening price of 177.8 GBX. Over the last 30 and 90 trading days the company share price has decreased 7.2 points and increased 51.5 points respectively. The 52 week high for the share price is currently at 273.7 GBX while the 52 week low for the stock is 94.88 GBX.

Ferrexpo Plc has a 50 day moving average of 176.36 GBX and the 200 Day Moving Average price is recorded at 151.04. There are currently 588,624,142 shares in issue with the average daily volume traded being 1,841,953. Market capitalisation for LON:FXPO is £1,099,549,915 GBP.

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