Ferrexpo Plc 23.1% Potential Decrease Indicated by Barclays Capital

Broker Ratings

Ferrexpo Plc using EPIC/TICKER code (LON:FXPO) has had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘UNDERWEIGHT’ today by analysts at Barclays Capital. Ferrexpo Plc are listed in the Basic Materials sector within UK Main Market. Barclays Capital have set a target price of 110 GBX on its stock. This indicates the analyst believes there is a potential downside of -23.1% from the opening price of 143 GBX. Over the last 30 and 90 trading days the company share price has decreased 47.75 points and decreased 117.3 points respectively. The 52 week high for the share price is currently at 305.6 GBX while the year low stock price is currently 140.58 GBX.

Ferrexpo Plc has a 50 day moving average of 202.24 GBX and a 200 Day Moving Average share price is recorded at 241.43. There are currently 588,624,142 shares in issue with the average daily volume traded being 2,964,217. Market capitalisation for LON:FXPO is £879,470,986 GBP.

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