they must be short7 Aug 2017 15:54
Ferrexpo Plc 20.8% Potential Decrease Indicated by JP Morgan Cazenove
Posted by: Amilia Stone 4th August 2017
Ferrexpo Plc with EPIC/TICKER (LON:FXPO) had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘NEUTRAL’ this morning 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 indicate that the analyst believes there is a downside of -20.8% from today’s opening price of 240 GBX. Over the last 30 and 90 trading days the company share price has increased 36.9 points and increased 89.5 points respectively. The 52 week high share price is 247.4 GBX while the year low stock price is currently 36.05 GBX.
Ferrexpo Plc has a 50 day moving average of 205.65 GBX and a 200 day moving average of 164.67. There are currently 592,390,809 shares in issue with the average daily volume traded being 3,851,450. Market capitalisation for LON:FXPO is £1,464,981,314 GB