Fidessa Group plc’s (FDSA) “Underweight” Rating Reiterated at Barclays PLC
Fidessa Group plc (LON:FDSA)‘s stock had its “underweight” rating restated by analysts at Barclays PLC in a research note issued to investors on Monday. They presently have a GBX 1,860 ($23.02) price target on the stock. Barclays PLC’s price target points to a potential downside of 22.56% from the company’s current price.
Several other equities analysts have also recently weighed in on FDSA. Panmure Gordon raised their price objective on Fidessa Group plc from GBX 1,758 ($21.76) to GBX 2,132 ($26.39) and gave the company a “hold” rating in a research note on Monday, August 1st. Numis Securities Ltd cut Fidessa Group plc to an “add” rating and raised their price objective for the company from GBX 2,800 ($34.65) to GBX 2,870 ($35.52) in a research note 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 note on Monday, August 15th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and one has assigned a buy rating to the company’s stock. Fidessa Group plc has a consensus rating of “Hold” and a consensus price target of GBX 2,129.11 ($26.35).
Shares of Fidessa Group plc (LON:FDSA) opened at 2379.00 on Monday. The stock has a 50 day moving average of GBX 2,461.49 and a 200-day moving average of GBX 2,382.81. The company’s market cap is GBX 907.76 million. Fidessa Group plc has a 12 month low of GBX 1,729.00 and a 12 month high of GBX 2,656.00.
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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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