Frontier Developments (FDEV) Stock Rating Reaffirmed by Peel Hunt

Frontier Developments (LON:FDEV)‘s stock had its “buy” rating reiterated by Peel Hunt in a report issued on Friday.

FDEV has been the subject of a number of other reports. Berenberg Bank restated a “buy” rating and set a GBX 1,600 ($20.91) target price on shares of Frontier Developments in a report on Wednesday, September 5th. Citigroup restated a “buy” rating and issued a GBX 1,500 ($19.60) price target on shares of Frontier Developments in a research report on Monday, September 10th. Liberum Capital restated a “buy” rating on shares of Frontier Developments in a research report on Wednesday, September 5th. FinnCap restated a “corporate” rating on shares of Frontier Developments in a research report on Wednesday, September 5th. Finally, Jefferies Financial Group restated a “buy” rating and issued a GBX 1,405 ($18.36) price target on shares of Frontier Developments in a research report on Wednesday, September 5th. Five investment analysts have rated the stock with a buy rating, The company currently has an average rating of “Buy” and an average target price of GBX 1,522.50 ($19.89).

Shares of LON:FDEV opened at GBX 864 ($11.29) on Friday. Frontier Developments has a 1-year low of GBX 288 ($3.76) and a 1-year high of GBX 1,540 ($20.12).

In related news, insider James Mitchell bought 19,992 shares of the business’s stock in a transaction on Thursday, September 20th. The stock was bought at an average price of GBX 1,130 ($14.77) per share, for a total transaction of £225,909.60 ($295,190.91). Also, insider David Ranken Gammon bought 5,000 shares of the business’s stock in a transaction on Wednesday, September 5th. The stock was bought at an average price of GBX 1,045 ($13.65) per share, with a total value of £52,250 ($68,273.88). In the last 90 days, insiders purchased 65,349 shares of company stock valued at $73,903,654.

Frontier Developments Company Profile

Frontier Developments plc, a software technology company, develops and sells video games for the interactive entertainment sector in the United Kingdom and internationally. It develops video games across various genres and platforms. The company was founded in 1994 and is headquartered in Cambridge, the United Kingdom.

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Analyst Recommendations for Frontier Developments (LON:FDEV)

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