Ferrexpo Plc with EPIC LON:FXPO has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘buy’ by analysts at Cantor Fitzgerald. Ferrexpo Plc are listed in the Basic Materials sector within UK Main Market. Cantor Fitzgerald have set a target price of 120 GBX on its stock. This would imply the analyst believes there is a potential upside of 67.2% from the opening price of 71.75 GBX. Ferrexpo Plc LON:FXPO has a 50 day moving average of 71.63 GBX and a 200 day moving average of 79.73 GBX. The 1 year high for the share price is 144.56 GBX while the year low stock price is currently 47.6 GBX.
Ferrexpo Plc is an iron ore company with assets in Ukraine. The company produces, develops and markets its principal product, iron ore pellets, for sale to the metallurgical industry. Ferrexpo and its subsidiaries operate a mine and processing plant near Kremenchug in Ukraine, an interest in a port in Odessa and sales and marketing activities in Switzerland, Dubai and Kyiv. It also owns a logistics group located in Austria, which operates a fleet of vessels operating on the Rhine and Danube waterways. Its operations are vertically integrated from iron ore mining through to iron ore concentrate and pellet production and subsequent logistics. Its mineral properties lie within the Kremenchug Magnetic Anomaly and are being exploited at the Gorishne-Plavninskoye, Lavrikovskoye and Yeristovskoye deposits. It also holds 48.6% interest in TIS Ruda, a Ukrainian port located on the Black Sea. Its majority shareholder is Fevamotinico S.a.r.l., a company owned by The Minco Trust.
(https://www.directorstalkinterviews.com/ferrexpo-plc-67-2-potential-upside-indicated-by-cantor-fitzgerald/412664980/Ukrainian Metal)