Frontier Developments PLC (FDEV) PT Raised to GBX 1,250

Frontier Developments PLC (LON:FDEV) had its price objective raised by Liberum Capital from GBX 850 ($10.98) to GBX 1,250 ($16.14) in a report issued on Thursday morning. The firm currently has a buy rating on the stock.

Several other analysts also recently weighed in on FDEV. FinnCap upped their price target on Frontier Developments PLC from GBX 968 ($12.50) to GBX 1,332 ($17.20) and gave the stock a corporate rating in a research note on Thursday. Numis Securities Ltd upgraded Frontier Developments PLC to an add rating and upped their price target for the stock from GBX 300 ($3.87) to GBX 466 ($6.02) in a research note on Thursday, June 22nd.

Frontier Developments PLC (LON:FDEV) opened at 1350.00 on Thursday. The firm has a 50-day moving average price of GBX 796.35 and a 200 day moving average price of GBX 482.15. The company’s market cap is GBX 457.38 million. Frontier Developments PLC has a one year low of GBX 172.00 and a one year high of GBX 1,350.00.

Frontier Developments PLC (LON:FDEV) last posted its earnings results on Thursday, September 7th. The company reported $0.22 earnings per share for the quarter, missing analysts’ consensus estimates of $0.25 by $0.03. Frontier Developments PLC had a return on equity of 29.25% and a net margin of 20.12%. Equities analysts expect that Frontier Developments PLC will post ($19.24) earnings per share for the current fiscal year.

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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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