Funding Circle (LON:FCH) Shares Up 1.1% – Should You Buy?

Funding Circle Holdings plc (LON:FCHGet Free Report)’s share price was up 1.1% on Friday . The stock traded as high as GBX 232.67 and last traded at GBX 231.50. Approximately 954,413 shares changed hands during trading, a decline of 47% from the average daily volume of 1,808,997 shares. The stock had previously closed at GBX 229.

Wall Street Analyst Weigh In

Several research firms have commented on FCH. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Funding Circle from GBX 190 to GBX 290 and gave the company a “buy” rating in a research note on Friday, August 14th. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 300 target price on shares of Funding Circle in a report on Tuesday, July 21st. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of GBX 295.

Check Out Our Latest Stock Report on Funding Circle

Funding Circle Stock Performance

The company has a market cap of £655.54 million, a P/E ratio of 16.54 and a beta of 0.75. The company’s 50-day moving average is GBX 211.99 and its two-hundred day moving average is GBX 166.30. The company has a quick ratio of 3.33, a current ratio of 1.70 and a debt-to-equity ratio of 119.79.

About Funding Circle

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