Ferrexpo (OTCMKTS:FEEXF) Stock Rating Lowered by Bank of America

Bank of America lowered shares of Ferrexpo (OTCMKTS:FEEXF) from a buy rating to an underperform rating in a report published on Friday, The Fly reports.

A number of other equities research analysts also recently weighed in on the stock. Barclays downgraded shares of Ferrexpo from an overweight rating to an equal weight rating in a research note on Tuesday, August 6th. Deutsche Bank downgraded shares of Ferrexpo from a buy rating to a hold rating in a research note on Wednesday, July 10th.

FEEXF opened at $2.75 on Friday. Ferrexpo has a fifty-two week low of $2.55 and a fifty-two week high of $3.65.

Ferrexpo Company Profile

Ferrexpo Plc mines for, develops, processes, produces, markets, exports, and sells iron ore pellets to the metallurgical industry worldwide. The company 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 on international sea routes.

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