Frontier Developments (LON:FDEV)‘s stock had its “buy” rating reissued by research analysts at Shore Capital in a research report issued on Wednesday, Stock Target Advisor reports.
FDEV has been the subject of a number of other reports. Peel Hunt reissued a “buy” rating on shares of Frontier Developments in a research report on Wednesday, November 6th. Berenberg Bank reissued a “buy” rating and issued a GBX 1,350 ($17.64) target price on shares of Frontier Developments in a research report on Thursday, November 7th. Liberum Capital reissued a “buy” rating and issued a GBX 1,800 ($23.52) target price on shares of Frontier Developments in a research report on Wednesday, November 6th. Finally, Credit Suisse Group assumed coverage on Frontier Developments in a research report on Wednesday, September 25th. They issued an “outperform” rating and a GBX 1,490 ($19.47) price target for the company. Six analysts have rated the stock with a buy rating, The stock currently has a consensus rating of “Buy” and a consensus price target of GBX 1,455.50 ($19.02).
LON:FDEV opened at GBX 1,268.50 ($16.58) on Wednesday. The business has a fifty day simple moving average of GBX 1,079.41 and a two-hundred day simple moving average of GBX 1,025.16. Frontier Developments has a 1 year low of GBX 730 ($9.54) and a 1 year high of GBX 1,270 ($16.59). The company has a market capitalization of $475.50 million and a P/E ratio of 29.36.
About Frontier Developments
Frontier Developments plc develops and publishes video games for the interactive entertainment sector in the United Kingdom and internationally. It develops games across various platforms using its cross platform technology. The company was founded in 1994 and is based in Cambridge, the United Kingdom.
See Also: What is the Book Value of a Share?
Receive News & Ratings for Frontier Developments Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Frontier Developments and related companies with MarketBeat.com's FREE daily email newsletter.