First Derivatives plc PT Raised to GBX 900 at Panmure Gordon (FDP)
Stock analysts at Panmure Gordon upped their price objective on shares of First Derivatives plc (LON:FDP) from GBX 750 ($11.91) to GBX 900 ($14.29) in a research report issued to clients and investors on Thursday, American Banking & Market News reports. The firm currently has a “buy” rating on the stock. Panmure Gordon’s price target suggests a potential upside of 15.02% from the stock’s previous close.
Shares of First Derivatives plc (LON:FDP) opened at 788.00 on Thursday. First Derivatives plc has a one year low of GBX 470.00 and a one year high of GBX 800.00. The stock’s 50-day moving average is GBX 689.2 and its 200-day moving average is GBX 609.9.
Separately, analysts at Sanlam Securities reiterated a “buy” rating on shares of First Derivatives plc (LON:FDP) in a research note to investors on Tuesday, July 2nd. They now have a GBX 700 ($11.11) price target on the stock.
First Derivatives plc is engaged in the provision of a range of software and consulting services to the investment bank market, the derivatives technology industry, the foreign exchange market and the provision of technology sales services to the information technology (LON:FDP) sector.
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