Frontier Developments PLC Earns Buy Rating from Analysts at Numis Securities Ltd (FDEV)
November 11th, 2015 - by Samantha Reynolds
Analysts at Numis Securities Ltd started coverage on shares of Frontier Developments PLC (LON:FDEV) in a note issued to investors on Wednesday, Analyst Ratings Network.com reports. The firm set a “buy” rating and a GBX 337 ($5.07) price target on the stock. Numis Securities Ltd’s target price would suggest a potential upside of 39.54% from the company’s previous close.
Frontier Developments PLC (LON:FDEV) opened at 244.75 on Wednesday. Frontier Developments PLC has a 12-month low of GBX 185.00 and a 12-month high of GBX 274.00. The company’s market cap is GBX 82.19 million. The company’s 50-day moving average price is GBX 228.18 and its 200-day moving average price is GBX 214.13.
Separately, FinnCap reiterated a “corporate” rating on shares of Frontier Developments PLC in a research note on Tuesday, November 3rd.
