Fidessa Group Price Target Increased to GBX 90 by Analysts at Credit Suisse (FDSA)
Investment analysts at Credit Suisse boosted their price target on shares of Fidessa Group (LON:FDSA) from GBX 85 ($1.39) to GBX 90 ($1.48) in a note issued to investors on Monday, Analyst Ratings Net reports. The firm currently has an “outperform” rating on the stock. Credit Suisse’s price objective would indicate a potential downside of 96.06% from the stock’s previous close.
Fidessa Group (LON:FDSA) traded up 0.31% on Monday, hitting GBX 2293.00. The stock had a trading volume of 15,814 shares. Fidessa Group has a 52-week low of GBX 1476.20 and a 52-week high of GBX 2382.00. The stock’s 50-day moving average is GBX 2189.18 and its 200-day moving average is GBX 2076.. The company’s market cap is £849.8 million.
Several other analysts have also recently commented on the stock. Analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Fidessa Group in a research note to investors on Monday, December 2nd. They now have a GBX 2,440 ($40.02) price target on the stock. Separately, analysts at Panmure Gordon reiterated a “hold” rating on shares of Fidessa Group in a research note to investors on Monday, October 28th. They now have a GBX 1,504 ($24.67) price target on the stock. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of GBX 1,934.87 ($31.73).
Fidessa Group plc (LON:FDSA) is a supplier of multi-asset trading, portfolio analysis, decision support, compliance, market data and connectivity solutions for firms involved in trading global financial markets.
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