Fidessa Group’s “Hold” Rating Reaffirmed at FinnCap (FDSA)
Fidessa Group (LON:FDSA)‘s stock had its “hold” rating reaffirmed by investment analysts at FinnCap in a note issued to investors on Monday, AnalystRatingsNetwork reports. They currently have a GBX 2,200 ($36.87) price target on the stock. FinnCap’s price objective indicates a potential downside of 5.17% from the stock’s previous close.
Fidessa Group (LON:FDSA) opened at 2304.00 on Monday. Fidessa Group has a one year low of GBX 1695.027 and a one year high of GBX 2541.00. The stock’s 50-day moving average is GBX 2354.42 and its 200-day moving average is GBX 2156.12. The company’s market cap is £853.9 million.
Other equities research analysts have also recently issued reports about the stock. Analysts at Citigroup Inc. raised their price target on shares of Fidessa Group from GBX 1,700 ($28.49) to GBX 2,485 ($41.65) in a research note on Tuesday, February 11th. They now have a “neutral” rating on the stock. Separately, analysts at Goldman Sachs reiterated a “neutral” rating on shares of Fidessa Group in a research note on Tuesday, January 14th. They now have a GBX 2,550 ($42.74) price target on the stock. Finally, analysts at Barclays reiterated an “overweight” rating on shares of Fidessa Group in a research note on Tuesday, January 7th. They now have a GBX 2,500 ($41.90) price target on the stock. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have issued a buy rating to the company’s stock. Fidessa Group has an average rating of “Hold” and an average target price of GBX 2,050.73 ($34.37).
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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