FinnCap Reiterates Corporate Rating for Frontier Developments PLC (FDEV)
Frontier Developments PLC (LON:FDEV)‘s stock had its “corporate” rating reissued by FinnCap in a report issued on Thursday. They presently have a GBX 1,332 ($17.52) price objective on the stock. FinnCap’s price target points to a potential upside of 15.22% from the company’s current price.
Separately, Liberum Capital reiterated a “buy” rating and issued a GBX 850 ($11.18) price objective on shares of Frontier Developments PLC in a research note on Monday, August 21st.
Frontier Developments PLC (LON FDEV) traded up GBX 62 ($0.82) on Thursday, reaching GBX 1,156 ($15.20). 91,667 shares of the company’s stock traded hands, compared to its average volume of 56,851. Frontier Developments PLC has a 1-year low of GBX 195.50 ($2.57) and a 1-year high of GBX 1,360 ($17.89).
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In other news, insider Charles Cotton bought 3,700 shares of the firm’s stock in a transaction on Monday, September 11th. The shares were bought at an average price of GBX 1,350 ($17.76) per share, for a total transaction of £49,950 ($65,697.75). Also, insider Alex Bevis bought 2,000 shares of the firm’s stock in a transaction on Monday, September 25th. The shares were purchased at an average price of GBX 978 ($12.86) per share, for a total transaction of £19,560 ($25,726.69).
Frontier Developments PLC Company Profile
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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