Frontier Developments (FDEV) Price Target Increased to GBX 1,480 by Analysts at Liberum Capital

Frontier Developments (LON:FDEV) had its price objective raised by Liberum Capital from GBX 1,250 ($17.53) to GBX 1,480 ($20.75) in a research report released on Tuesday morning. The firm currently has a buy rating on the stock.

Separately, FinnCap reaffirmed a corporate rating and set a GBX 1,332 ($18.68) target price on shares of Frontier Developments in a report on Thursday, November 9th.

Shares of Frontier Developments (LON:FDEV) opened at GBX 1,160 ($16.26) on Tuesday. The firm has a market capitalization of $446.10 and a price-to-earnings ratio of 5,800.00. Frontier Developments has a twelve month low of GBX 275 ($3.86) and a twelve month high of GBX 1,540 ($21.59).

Frontier Developments (LON:FDEV) last announced its quarterly earnings data on Tuesday, February 6th. The company reported GBX 8 ($0.11) earnings per share for the quarter. Frontier Developments had a return on equity of 27.97% and a net margin of 21.13%. The business had revenue of GBX 1,899 million during the quarter.

In related news, insider David John Walsh bought 3,500 shares of Frontier Developments stock in a transaction dated Wednesday, November 29th. The stock was acquired at an average cost of GBX 1,304 ($18.28) per share, with a total value of £45,640 ($63,993.27).

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Frontier Developments Company Profile

Frontier Developments plc is engaged in developing non-game applications and video games for the entertainment sector. The Company’s segments include self-published and external publishers. The self-published segment is engaged in sales of the game and digital in-game. The Company has completed work for external publishers, including Screamride and Tales from Deep Space.

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