Credit Suisse Group cut shares of Fidessa Group (LON:FDSA) to an underperform rating in a report issued on Monday morning. They currently have GBX 2,350 ($31.87) price objective on the stock, up from their previous price objective of GBX 2,300 ($31.19).
Several other analysts have also recently commented on the stock. Numis Securities cut shares of Fidessa Group to an add rating and decreased their price target for the stock from GBX 2,860 ($38.78) to GBX 2,800 ($37.97) in a research note on Monday, December 18th. Stifel Nicolaus initiated coverage on shares of Fidessa Group in a research note on Thursday, November 30th. They issued a sell rating and a GBX 2,054 ($27.85) price target on the stock. Four research analysts have rated the stock with a sell rating and one has assigned a hold rating to the stock. The stock has a consensus rating of Sell and an average target price of GBX 2,178.80 ($29.55).
Shares of Fidessa Group (FDSA) opened at GBX 2,555 ($34.65) on Monday. The company has a market cap of $989.34 and a price-to-earnings ratio of 2,555.00. Fidessa Group has a one year low of GBX 2,020 ($27.39) and a one year high of GBX 2,675 ($36.28).
About Fidessa Group
Fidessa group plc is a United Kingdom-based holding company. The Company provides trading, investment and information solutions for the financial community. It is structured into two business units: Sell-side and Buy-side. The Sell-side business unit provides solutions and tools to support the trading of cash equities and derivatives across the globe.
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