Ferrexpo Plc 8.7% Potential Upside Indicated by JP Morgan Cazenove

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 ‘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 290 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 8.7% from the opening price of 266.7 GBX. Over the last 30 and 90 trading days the company share price has increased 8.4 points and decreased 23.9 points respectively. The 1 year high for the stock price is 305.6 GBX while the year low stock price is currently 138 GBX.

Ferrexpo Plc has a 50 day moving average of 254.14 GBX and the 200 Day Moving Average price is recorded at 240.90. There are currently 588,624,142 shares in issue with the average daily volume traded being 2,140,478. Market capitalisation for LON:FXPO is £1,562,208,436 GBP.

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