Funding Circle (LON:FCH) Price Target Raised to GBX 290 at Deutsche Bank Aktiengesellschaft

Funding Circle (LON:FCH) had its price objective hoisted by Deutsche Bank Aktiengesellschaft from GBX 190 to GBX 290 in a report issued on Friday, Marketbeat reports. Deutsche Bank Aktiengesellschaft currently has a buy rating on the stock.

Separately, Canaccord Genuity Group restated a “buy” rating and issued a GBX 300 target price on shares of Funding Circle in a research note on Tuesday, July 21st. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of GBX 295.

Funding Circle Price Performance

Shares of LON:FCH opened at GBX 248.37 on Friday. Funding Circle has a fifty-two week low of GBX 113.20 and a fifty-two week high of GBX 252. The business has a 50-day moving average of GBX 185.11 and a two-hundred day moving average of GBX 158.81. The company has a debt-to-equity ratio of 119.79, a current ratio of 1.70 and a quick ratio of 3.33. The stock has a market capitalization of £703.30 million, a P/E ratio of 17.74 and a beta of 0.75.

Insider Transactions at Funding Circle

In related news, insider Lisa Jacobs purchased 1,315 shares of the firm’s stock in a transaction on Monday, May 18th. The stock was purchased at an average cost of GBX 137 per share, for a total transaction of £1,801.55. Also, insider Tony Nicol purchased 1,314 shares of the stock in a transaction on Monday, May 18th. The shares were bought at an average cost of GBX 137 per share, for a total transaction of £1,800.18. Insiders own 1.18% of the company’s stock.

Funding Circle Company Profile