Fidessa Group plc (FDSA) Receives Average Rating of “Hold” from Analysts
Fidessa Group plc (LON:FDSA) has received an average recommendation of “Hold” from the nine analysts that are covering the firm. Two research analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation and one has assigned a buy recommendation to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is GBX 2,145.25 ($26.55).
A number of brokerages recently issued reports on FDSA. Numis Securities Ltd downgraded shares of Fidessa Group plc to an “add” rating and lifted their price target for the stock from GBX 2,800 ($34.65) to GBX 2,870 ($35.52) in a research note on Monday, August 1st. Barclays PLC reiterated an “underweight” rating and issued a GBX 1,860 ($23.02) price target on shares of Fidessa Group plc in a research note on Tuesday, August 2nd. Panmure Gordon boosted their price objective on shares of Fidessa Group plc from GBX 1,758 ($21.76) to GBX 2,132 ($26.39) and gave the stock a “hold” rating in a research report on Monday, August 1st. Finally, FinnCap restated a “sell” rating and set a GBX 1,700 ($21.04) price objective on shares of Fidessa Group plc in a research report on Monday, August 15th.
Fidessa Group plc (LON:FDSA) traded up 2.49% during mid-day trading on Tuesday, hitting GBX 2429.00. 29,606 shares of the stock were exchanged. The firm’s market cap is GBX 926.83 million. The company has a 50 day moving average price of GBX 2,469.61 and a 200 day moving average price of GBX 2,382.19. Fidessa Group plc has a 52-week low of GBX 1,729.00 and a 52-week high of GBX 2,656.00.
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The firm also recently announced a dividend, which was paid on Wednesday, September 14th. Stockholders of record on Thursday, August 18th were issued a GBX 14.30 ($0.18) dividend. The ex-dividend date of this dividend was Thursday, August 18th. This represents a dividend yield of 0.56%.
Fidessa Group plc Company Profile
Fidessa group plc is a United Kingdom-based holding company. The Company provides trading, investment and information solutions for the financial community. The Company operates in two segments: Sell-side and Buy-side. The Sell-side segment provides solutions and tools to support the trading of cash equities and derivatives across the world.
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