Ferrexpo Plc 20.9% Potential Upside Indicated by Barclays Capital

Broker Ratings

Ferrexpo Plc with EPIC/TICKER (LON:FXPO) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ today 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 350 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 20.9% from the opening price of 289.5 GBX. Over the last 30 and 90 trading days the company share price has increased 19.5 points and increased 89.2 points respectively. The 1 year high share price is 301.7 GBX while the year low stock price is currently 138 GBX.

Ferrexpo Plc has a 50 day moving average of 269.65 GBX and a 200 Day Moving Average share price is recorded at 214.25. There are currently 588,624,142 shares in issue with the average daily volume traded being 1,860,463. Market capitalisation for LON:FXPO is £1,735,876,090 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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