Fidessa Group plc’s (FDSA) Sell Rating Reaffirmed at FinnCap
FinnCap restated their sell rating on shares of Fidessa Group plc (LON:FDSA) in a research report report published on Monday. The brokerage currently has a GBX 1,700 ($21.24) price objective on the stock.
Other equities research analysts have also issued reports about the stock. Numis Securities Ltd lowered shares of Fidessa Group plc to an add rating and lifted their target price for the company from GBX 2,800 ($34.98) to GBX 2,870 ($35.86) in a research report on Monday, August 1st. Panmure Gordon lifted their price target on shares of Fidessa Group plc from GBX 1,758 ($21.96) to GBX 2,132 ($26.64) and gave the stock a hold rating in a research note on Monday, August 1st. Credit Suisse Group AG reissued a neutral rating and set a GBX 2,400 ($29.99) price target on shares of Fidessa Group plc in a research note on Thursday, October 27th. Finally, Barclays PLC reissued an underweight rating and set a GBX 1,860 ($23.24) price target on shares of Fidessa Group plc in a research note on Monday, October 17th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the stock. The company presently has an average rating of Hold and an average price target of GBX 2,211.50 ($27.63).
Shares of Fidessa Group plc (LON:FDSA) traded down 0.38% on Monday, reaching GBX 2381.00. 14,646 shares of the company traded hands. The stock’s market capitalization is GBX 908.52 million. Fidessa Group plc has a one year low of GBX 1,729.00 and a one year high of GBX 2,656.00. The stock’s 50 day moving average price is GBX 2,392.19 and its 200-day moving average price is GBX 2,374.31.
About Fidessa Group plc
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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