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Ferrexpo Plc 2.6% Potential Upside Indicated by Deutsche Bank

Broker Ratings
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Ferrexpo Plc using EPIC/TICKER code (LON:FXPO) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘HOLD’ today by analysts at Deutsche Bank. Ferrexpo Plc are listed in the Basic Materials sector within UK Main Market. Deutsche Bank have set a target price of 160 GBX on its stock. This indicates the analyst now believes there is a potential upside of 2.6% from the opening price of 155.95 GBX. Over the last 30 and 90 trading days the company share price has increased 11.4 points and increased 8.65 points respectively. The 52 week high for the share price is currently at 305.6 GBX while the year low stock price is currently 119.85 GBX.

Ferrexpo Plc has a 50 day moving average of 147.91 GBX and a 200 Day Moving Average share price is recorded at 207.60. There are currently 1,249,289,298 shares in issue with the average daily volume traded being 2,296,967. Market capitalisation for LON:FXPO is £886,467,993 GBP.

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