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Ferrexpo Plc 3.6% Potential Decrease Indicated by JP Morgan Cazenove

Broker Ratings
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Ferrexpo Plc with EPIC/TICKER (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 their target price at 280 GBX on its stock. This indicates the analyst believes there is a potential downside of -3.6% from today’s opening price of 290.6 GBX. Over the last 30 and 90 trading days the company share price has increased 23.1 points and increased 85.3 points respectively. The 52 week high share price is 299.09 GBX while the year low share price is currently 138 GBX.

Ferrexpo Plc has a 50 day moving average of 267.68 GBX and a 200 Day Moving Average share price is recorded at 213.02. There are currently 588,624,142 shares in issue with the average daily volume traded being 1,861,657. Market capitalisation for LON:FXPO is £1,754,688,603 GBP.

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