Fidessa Group plc (LON:FDSA) has been given a consensus recommendation of “Hold” by the six brokerages that are presently covering the firm, MarketBeat reports. Four analysts have rated the stock with a sell rating, one has issued a hold rating and one has issued a buy rating on the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is GBX 2,377.33 ($32.85).
A number of research firms have recently weighed in on FDSA. Jefferies Group raised Fidessa Group to a “buy” rating and increased their price target for the company from GBX 2,400 ($33.16) to GBX 3,100 ($42.83) in a research note on Monday, February 19th. Numis Securities reissued an “add” rating and issued a GBX 3,070 ($42.42) price target on shares of Fidessa Group in a research note on Monday, February 19th. Credit Suisse Group downgraded Fidessa Group to an “underperform” rating and increased their price target for the company from GBX 2,300 ($31.78) to GBX 2,350 ($32.47) in a research note on Monday, January 8th. Finally, Stifel Nicolaus began coverage on Fidessa Group in a research note on Thursday, November 30th. They issued a “sell” rating and a GBX 2,054 ($28.38) price target on the stock.
Fidessa Group stock traded up GBX 15 ($0.21) during mid-day trading on Friday, hitting GBX 3,700 ($51.12). The stock had a trading volume of 564,981 shares, compared to its average volume of 111,149. The firm has a market cap of $1,450.00 and a P/E ratio of 4,021.74. Fidessa Group has a one year low of GBX 2,020 ($27.91) and a one year high of GBX 3,925 ($54.23).
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Fidessa Group Company Profile
Fidessa group plc is a United Kingdom-based holding company. The Company provides trading, investment and information solutions for the financial community. It is structured into two business units: Sell-side and Buy-side. The Sell-side business unit provides solutions and tools to support the trading of cash equities and derivatives across the globe.
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