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Ferrexpo Plc 33.3% Potential Upside Indicated by JP Morgan Cazenove

Ferrexpo Plc with EPIC/TICKER (LON:FXPO) had its stock rating noted as ‘Upgrades’ 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 a target price of 230 GBX on its stock. This indicates the analyst now believes there is a potential upside of 33.3% from today’s opening price of 172.55 GBX. Over the last 30 and 90 trading days the company share price has decreased 3.15 points and decreased 61.55 points respectively. The 1 year high for the share price is 326.6 GBX while the 52 week low for the share price is 156.15 GBX.

Ferrexpo Plc has a 50 day moving average of 196.35 GBX and a 200 day moving average of 254.27. There are currently 588,624,128 shares in issue with the average daily volume traded being 3,537,259. Market capitalisation for LON:FXPO is £983,535,832 GBP.