Fidessa Group plc Receives Buy Rating from Jefferies Group (FDSA)
Fidessa Group plc (LON:FDSA)‘s stock had its “buy” rating reaffirmed by research analysts at Jefferies Group in a report released on Friday. They currently have a GBX 2,750 ($46.70) target price on the stock. Jefferies Group’s price target suggests a potential upside of 33.75% from the company’s current price.
Shares of Fidessa Group plc (LON:FDSA) traded down 1.39% on Friday, hitting GBX 2056.00. 11,182 shares of the company’s stock traded hands. Fidessa Group plc has a 52-week low of GBX 1832.65 and a 52-week high of GBX 2725.24. The stock’s 50-day moving average is GBX 2197.88 and its 200-day moving average is GBX 2360.18. The company’s market cap is £774.5 million.
Other equities research analysts have also recently issued reports about the stock. Analysts at FinnCap reiterated a “hold” rating on shares of Fidessa Group plc in a research note on Thursday. They now have a GBX 2,200 ($37.36) price target on the stock. Analysts at Barclays reiterated an “overweight” rating on shares of Fidessa Group plc in a research note on Tuesday, July 8th. They now have a GBX 2,700 ($45.85) price target on the stock. Five analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of GBX 2,438.63 ($41.41).
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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.