Ferrexpo (OTCMKTS:FEEXF) Lowered to “Hold” at Deutsche Bank

Deutsche Bank downgraded shares of Ferrexpo (OTCMKTS:FEEXF) from a buy rating to a hold rating in a research report report published on Wednesday, The Fly reports.

OTCMKTS:FEEXF remained flat at $$3.53 during mid-day trading on Wednesday. 26 shares of the company traded hands.

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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