Frontier Developments (LON:FDEV) Earns not rated Rating from Shore Capital

Shore Capital reissued their not rated rating on shares of Frontier Developments (LON:FDEV) in a research report released on Tuesday, April 3rd.

FDEV has been the subject of a number of other research reports. Liberum Capital reiterated a buy rating on shares of Frontier Developments in a research note on Wednesday, January 10th. Peel Hunt started coverage on shares of Frontier Developments in a research note on Monday, March 26th. They issued a buy rating and a GBX 1,400 ($19.79) target price for the company. Finally, FinnCap restated a corporate rating and issued a GBX 1,700 ($24.03) target price on shares of Frontier Developments in a research note on Tuesday, February 6th. One research analyst has rated the stock with a hold rating and two have assigned a buy rating to the stock. The company has a consensus rating of Buy and an average price target of GBX 1,261.50 ($17.83).

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LON FDEV opened at GBX 1,305 ($18.45) on Tuesday. Frontier Developments has a 12 month low of GBX 288 ($4.07) and a 12 month high of GBX 1,540 ($21.77).

Frontier Developments (LON:FDEV) last posted its earnings results on Tuesday, February 6th. The company reported GBX 8 ($0.11) EPS for the quarter. The firm had revenue of GBX 1,899 million for the quarter. Frontier Developments had a net margin of 15.49% and a return on equity of 13.81%.

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About Frontier Developments

Frontier Developments plc, a software technology company, develops and sells video games for the interactive entertainment sector in the United Kingdom and internationally. It develops video games across various genres and platforms. The company was founded in 1994 and is headquartered in Cambridge, the United Kingdom.

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