FDM Group (LON:FDM) Price Target Lowered to GBX 160 at Deutsche Bank Aktiengesellschaft

FDM Group (LON:FDM) had its target price decreased by equities research analysts at Deutsche Bank Aktiengesellschaft from GBX 180 to GBX 160 in a research note issued on Thursday,London Stock Exchange reports. The firm currently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price objective points to a potential upside of 38.17% from the stock’s current price.

FDM has been the subject of a number of other research reports. Shore Capital Group reissued a “house stock” rating on shares of FDM Group in a research note on Wednesday, January 28th. Stifel Nicolaus decreased their price target on FDM Group from GBX 174 to GBX 130 and set a “hold” rating on the stock in a research note on Thursday. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of GBX 145.

FDM Group Stock Performance

Shares of LON FDM traded down GBX 3.40 during mid-day trading on Thursday, hitting GBX 115.80. The company had a trading volume of 1,682,624 shares, compared to its average volume of 596,986. The stock’s 50-day moving average price is GBX 142.77 and its 200-day moving average price is GBX 135.37. FDM Group has a 1 year low of GBX 112 and a 1 year high of GBX 270. The company has a market capitalization of £126.61 million, a price-to-earnings ratio of 8.21 and a beta of 0.89. The company has a current ratio of 2.34, a quick ratio of 2.24 and a debt-to-equity ratio of 35.94.

FDM Group (LON:FDM) last posted its quarterly earnings data on Wednesday, March 18th. The company reported GBX 10 earnings per share (EPS) for the quarter. FDM Group had a return on equity of 24.53% and a net margin of 7.21%. On average, sell-side analysts forecast that FDM Group will post 3132.5302111 earnings per share for the current year.

FDM Group Company Profile

FDM Group (Holdings) plc provides information technology (IT) services in the United Kingdom, North America, Europe, the Middle East, Africa, rest of Europe, and the Asia Pacific. It is involved in recruiting, training, and deploying its IT and business consultants to clients. The company was formerly known as Astra Topco Limited and changed its name to FDM Group (Holdings) plc. FDM Group (Holdings) plc was founded in 1991 and is based in London, the United Kingdom.