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Ferrexpo Plc 6.7% Potential Upside Indicated by Deutsche Bank

Ferrexpo Plc using EPIC/TICKER code (LON:FXPO) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Deutsche Bank. Ferrexpo Plc are listed in the Basic Materials sector within UK Main Market. Deutsche Bank have set a target price of 310 GBX on its stock. This is indicating the analyst believes there is a potential upside of 6.7% from today’s opening price of 290.6 GBX. Over the last 30 and 90 trading days the company share price has increased 23.1 points and increased 85.3 points respectively. The 52 week high for the stock is 299.09 GBX while the 52 week low is 138 GBX.

Ferrexpo Plc has a 50 day moving average of 267.68 GBX and a 200 day moving average of 213.02. There are currently 588,624,142 shares in issue with the average daily volume traded being 1,861,657. Market capitalisation for LON:FXPO is £1,754,688,603 GBP.