First Derivatives (LON:FDP)‘s stock had its “buy” rating reiterated by investment analysts at Liberum Capital in a research report issued on Tuesday. They currently have a GBX 5,300 ($69.25) price target on the stock. Liberum Capital’s price target suggests a potential upside of 71.52% from the stock’s current price.
FDP has been the topic of several other research reports. Shore Capital reaffirmed a “buy” rating and set a GBX 4,200 ($54.88) target price on shares of First Derivatives in a research note on Monday, July 16th. Citigroup lifted their target price on shares of First Derivatives from GBX 5,050 ($65.99) to GBX 5,200 ($67.95) and gave the stock a “buy” rating in a research note on Monday, July 9th. One analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of GBX 4,563.33 ($59.63).
Shares of FDP opened at GBX 3,090 ($40.38) on Tuesday. First Derivatives has a 52-week low of GBX 2,485 ($32.47) and a 52-week high of GBX 4,440 ($58.02).
First Derivatives plc designs, develops, implements, and supports a range of data and trading systems for front, middle, and back-office operations worldwide. It operates through Consulting and Software segments. The company provides kdb+, a high-performance database that sets the standard for time-series analytics with a built-in expressive query and programming language, as well as develops a suite of products.
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