Ferrexpo Plc (FXPO) Receives GBX 64.17 Consensus PT from Brokerages

Ferrexpo Plc (LON:FXPO) has received a consensus recommendation of “Hold” from the ten analysts that are covering the stock. Six investment analysts have rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is GBX 64.17 ($0.79).

FXPO has been the subject of a number of analyst reports. Deutsche Bank AG restated a “buy” rating on shares of Ferrexpo Plc in a research report on Thursday. JPMorgan Chase & Co. restated a “neutral” rating and issued a GBX 105 ($1.30) price target on shares of Ferrexpo Plc in a research report on Wednesday, December 14th. Credit Suisse Group AG upgraded Ferrexpo Plc to a “neutral” rating and raised their price target for the stock from GBX 120 ($1.48) to GBX 170 ($2.10) in a research report on Tuesday, March 7th. Liberum Capital raised their price target on Ferrexpo Plc from GBX 26 ($0.32) to GBX 70 ($0.86) and gave the stock a “sell” rating in a research report on Thursday, January 26th. Finally, Barclays PLC restated an “underweight” rating and issued a GBX 50 ($0.62) price target on shares of Ferrexpo Plc in a research report on Monday, January 9th.

Shares of Ferrexpo Plc (LON:FXPO) opened at 168.00 on Thursday. Ferrexpo Plc has a one year low of GBX 25.00 and a one year high of GBX 178.70. The stock’s 50 day moving average is GBX 162.34 and its 200-day moving average is GBX 125.78. The company’s market cap is GBX 983.57 million.

The firm also recently announced a dividend, which will be paid on Wednesday, May 31st. Shareholders of record on Thursday, May 4th will be paid a GBX 0.03 ($0.00) dividend. The ex-dividend date of this dividend is Thursday, May 4th. This represents a yield of 1.54%.

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Ferrexpo Plc Company Profile

Ferrexpo plc is an iron ore pellet producer. The Company produces, develops and markets its principal product, iron ore pellets, for sale to the metallurgical industry. The Company’s operations are vertically integrated from iron ore mining through to iron ore concentrate, and pellet production and subsequent logistics.

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