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Ferrexpo Plc 20% Potential Upside Indicated by JP Morgan Cazenove

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 ‘NEUTRAL’ this morning 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 270 GBX on its stock. This would imply the analyst believes there is now a potential upside of 20.0% from the opening price of 225 GBX. Over the last 30 and 90 trading days the company share price has decreased 40.7 points and increased 14.6 points respectively. The 1 year high for the share price is 305.6 GBX while the 52 week low for the stock is 138 GBX.

Ferrexpo Plc has a 50 day moving average of 262.88 GBX and the 200 Day Moving Average price is recorded at 243.34. There are currently 588,624,142 shares in issue with the average daily volume traded being 2,582,071. Market capitalisation for LON:FXPO is £1,300,270,693 GBP.

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