Ferrexpo plc (OTCMKTS:FEEXF) Receives $280.00 Consensus Price Target from Brokerages

Shares of Ferrexpo plc (OTCMKTS:FEEXFGet Rating) have received a consensus rating of “Hold” from the six brokerages that are presently covering the stock, Marketbeat reports. Two research analysts have rated the stock with a sell rating and three have issued a hold rating on the company. The average 12 month price objective among analysts that have covered the stock in the last year is $280.00.

A number of brokerages recently weighed in on FEEXF. Peel Hunt downgraded shares of Ferrexpo from a “buy” rating to a “hold” rating and set a $270.00 target price for the company. in a research note on Monday, January 24th. Credit Suisse Group lowered their price objective on shares of Ferrexpo from GBX 350 ($4.56) to GBX 290 ($3.78) in a research note on Thursday, April 7th.

OTCMKTS:FEEXF opened at $2.53 on Friday. Ferrexpo has a fifty-two week low of $1.43 and a fifty-two week high of $7.05. The company has a 50 day simple moving average of $2.59 and a two-hundred day simple moving average of $3.50.

Ferrexpo Company Profile (Get Rating)

Ferrexpo plc mines for, develops, processes, produces, markets, exports, and sells iron ore pellets to the metallurgical industry. It operates two 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, which provides top-off services.

Recommended Stories

Analyst Recommendations for Ferrexpo (OTCMKTS:FEEXF)

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.