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Ferrexpo Plc 4.5% 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 ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ 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 230 GBX on its stock. This is indicating the analyst believes there is a potential downside of -4.5% from today’s opening price of 240.9 GBX. Over the last 30 and 90 trading days the company share price has increased 50.85 points and increased 12.9 points respectively. The 1 year high stock price is 321.5 GBX while the 52 week low is 138 GBX.

Ferrexpo Plc has a 50 day moving average of 200.68 GBX and the 200 Day Moving Average price is recorded at 201.91. There are currently 588,624,142 shares in issue with the average daily volume traded being 1,930,004. Market capitalisation for LON:FXPO is £1,445,072,268 GBP.

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