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Ferrexpo Plc 36.1% Potential Upside Indicated by HSBC

Ferrexpo Plc using EPIC/TICKER code (LON:FXPO) had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘BUY’ today by analysts at HSBC. Ferrexpo Plc are listed in the Basic Materials sector within UK Main Market. HSBC have set a target price of 275 GBX on its stock. This would imply the analyst believes there is now a potential upside of 36.1% from today’s opening price of 202.1 GBX. Over the last 30 and 90 trading days the company share price has decreased 35.3 points and decreased 107 points respectively. The 52 week high for the stock is 326.6 GBX while the year low share price is currently 175.3 GBX.

Ferrexpo Plc has a 50 day moving average of 233.14 GBX and a 200 Day Moving Average share price is recorded at 272.23. There are currently 588,624,128 shares in issue with the average daily volume traded being 2,085,018. Market capitalisation for LON:FXPO is £1,179,887,737 GBP.