Credit Suisse Group reissued their neutral rating on shares of Ferrexpo (LON:FXPO) in a report released on Thursday. Credit Suisse Group currently has a GBX 340 ($4.70) price target on the iron ore producer’s stock.
Several other equities research analysts have also recently commented on the company. Deutsche Bank reaffirmed a hold rating on shares of Ferrexpo in a research report on Thursday. Citigroup reaffirmed a sell rating and set a GBX 220 ($3.04) price objective on shares of Ferrexpo in a research report on Thursday. Liberum Capital reaffirmed a sell rating and set a GBX 130 ($1.80) price objective on shares of Ferrexpo in a research report on Wednesday. JPMorgan Chase & Co. reaffirmed a neutral rating and set a GBX 240 ($3.32) price objective on shares of Ferrexpo in a research report on Wednesday, January 10th. Finally, Barclays reissued an underweight rating and issued a GBX 215 ($2.97) target price on shares of Ferrexpo in a report on Monday, January 8th. Three equities research analysts have rated the stock with a sell rating and four have assigned a hold rating to the company. The company currently has an average rating of Hold and an average target price of GBX 235.71 ($3.26).
Ferrexpo stock traded down GBX 10.90 ($0.15) during trading on Thursday, hitting GBX 269.10 ($3.72). The company had a trading volume of 2,350,394 shares, compared to its average volume of 2,650,000. Ferrexpo has a 12 month low of GBX 136.88 ($1.89) and a 12 month high of GBX 326.60 ($4.51). The stock has a market capitalization of $1,840.00 and a PE ratio of 672.75.
ILLEGAL ACTIVITY NOTICE: This news story was posted by The Lincolnian Online and is the sole property of of The Lincolnian Online. If you are reading this news story on another publication, it was illegally copied and reposted in violation of U.S. and international copyright and trademark law. The legal version of this news story can be read at https://www.thelincolnianonline.com/2018/03/23/ferrexpo-fxpo-receives-neutral-rating-from-credit-suisse-group.html.
Ferrexpo plc mines for, develops, processes, produces, markets, exports, and sells iron ore pellets to the metallurgical industry worldwide. The company operates two open-pit mines and a processing plant near Kremenchug in Ukraine; a port in Odessa; a fleet of vessels operating on the Rhine and Danube waterways; and an ocean going vessel on international sea routes.
Receive News & Ratings for Ferrexpo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ferrexpo and related companies with MarketBeat.com's FREE daily email newsletter.