Frontier Developments PLC (FDEV) Receives Corporate Rating from FinnCap

FinnCap reaffirmed their corporate rating on shares of Frontier Developments PLC (LON:FDEV) in a report published on Thursday. The firm currently has a GBX 1,332 ($17.52) price objective on the stock.

Separately, Liberum Capital increased their price target on Frontier Developments PLC from GBX 850 ($11.18) to GBX 1,250 ($16.44) and gave the stock a buy rating in a research report on Thursday, September 7th.

Frontier Developments PLC (LON FDEV) traded up GBX 62 ($0.82) during midday trading on Thursday, reaching GBX 1,156 ($15.20). The company had a trading volume of 91,667 shares, 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 Alex Bevis acquired 2,000 shares of the firm’s stock in a transaction on Monday, September 25th. The shares were purchased at an average cost of GBX 978 ($12.86) per share, for a total transaction of £19,560 ($25,726.69). Also, insider Charles Cotton acquired 3,700 shares of the firm’s stock in a transaction on Monday, September 11th. The stock was purchased at an average price of GBX 1,350 ($17.76) per share, for a total transaction of £49,950 ($65,697.75).

About Frontier Developments PLC

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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