Fidessa Group (LON:FDSA) was downgraded by equities research analysts at Numis Securities to an “add” rating in a note issued to investors on Monday. They currently have a GBX 2,800 ($37.69) price objective on the stock, down from their prior price objective of GBX 2,860 ($38.49). Numis Securities’ price target suggests a potential upside of 10.67% from the stock’s current price.
Separately, Stifel Nicolaus started coverage on Fidessa Group in a research report on Thursday, November 30th. They set a “sell” rating and a GBX 2,054 ($27.64) price target on the stock. Three analysts have rated the stock with a sell rating and two have issued a hold rating to the stock. The stock presently has an average rating of “Sell” and a consensus price target of GBX 2,188.80 ($29.46).
Fidessa Group (FDSA) traded up GBX 4 ($0.05) during trading on Monday, reaching GBX 2,530 ($34.05). The company had a trading volume of 30,201 shares, compared to its average volume of 36,374. Fidessa Group has a 12-month low of GBX 2,020 ($27.19) and a 12-month high of GBX 2,675 ($36.00).
About Fidessa Group
Fidessa group plc is a United Kingdom-based holding company. The Company provides trading, investment and information solutions for the financial community. It is structured into two business units: Sell-side and Buy-side. The Sell-side business unit provides solutions and tools to support the trading of cash equities and derivatives across the globe.
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