FinnCap Reiterates “Corporate” Rating for Frontier Developments PLC (FDEV)
Frontier Developments PLC (LON:FDEV)‘s stock had its “corporate” rating reissued by analysts at FinnCap in a research note issued on Monday.
Separately, Numis Securities Ltd raised Frontier Developments PLC to a “buy” rating and set a GBX 210 ($2.62) price target for the company in a research note on Friday, September 9th.
Frontier Developments PLC (LON:FDEV) opened at 204.00 on Monday. The company has a 50-day moving average of GBX 199.65 and a 200 day moving average of GBX 191.41. Frontier Developments PLC has a 52 week low of GBX 162.00 and a 52 week high of GBX 248.00. The firm’s market cap is GBX 69.09 million.
In other news, insider Gammon,David Ranken bought 15,700 shares of the firm’s stock in a transaction that occurred on Friday, September 9th. The stock was acquired at an average price of GBX 185 ($2.31) per share, with a total value of £29,045 ($36,288.11).
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About Frontier Developments PLC
Frontier Developments plc is engaged in developing non-game applications and video games for the entertainment sector. The Company’s segments include self-published and external publishers. The self-published segment is engaged in sales of the game and digital in-game. The Company has completed work for external publishers, including Screamride and Tales from Deep Space.
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