Ferrexpo Plc 42.1% Potential Upside Indicated by JP Morgan Cazenove

Broker Ratings

Ferrexpo Plc with EPIC/TICKER (LON:FXPO) has had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘OVERWEIGHT’ 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 their target price at 190 GBX on its stock. This would imply the analyst believes there is now a potential upside of 42.1% from the opening price of 133.75 GBX. Over the last 30 and 90 trading days the company share price has decreased 22.5 points and decreased 92.85 points respectively. The 1 year high share price is 305.6 GBX while the 52 week low for the stock is 119.85 GBX.

Ferrexpo Plc has a 50 day moving average of 168.28 GBX and the 200 Day Moving Average price is recorded at 234.76. There are currently 588,624,142 shares in issue with the average daily volume traded being 3,668,771. Market capitalisation for LON:FXPO is £779,338,328 GBP.

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