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Ferrexpo Plc 21.4% Potential Decrease Indicated by JP Morgan Cazenove

Ferrexpo Plc with EPIC/TICKER (LON:FXPO) had its stock rating noted as ‘Retains’ with the recommendation being set at ‘NEUTRAL’ today 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 240 GBX on its stock. This would imply the analyst believes there is a potential downside of -21.4% from the opening price of 305.3 GBX. Over the last 30 and 90 trading days the company share price has increased 40 points and increased 43.8 points respectively. The 52 week high for the share price is currently at 326.6 GBX while the year low share price is currently 122.97 GBX.

Ferrexpo Plc has a 50 day moving average of 271.90 GBX and a 200 day moving average of 241.64. There are currently 589,798,023 shares in issue with the average daily volume traded being 1,847,430. Market capitalisation for LON:FXPO is £1,775,292,049 GBP.

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