Frontier Developments (LON:FDEV) Earns Buy Rating from Peel Hunt

Peel Hunt reiterated their buy rating on shares of Frontier Developments (LON:FDEV) in a research note published on Monday, ThisIsMoney.Co.Uk reports.

Other equities research analysts have also recently issued reports about the stock. Jefferies Financial Group reaffirmed a buy rating and issued a GBX 1,453 ($18.99) price objective on shares of Frontier Developments in a research report on Tuesday, June 18th. Liberum Capital reaffirmed a buy rating on shares of Frontier Developments in a research report on Wednesday, September 4th. Shore Capital reaffirmed a buy rating on shares of Frontier Developments in a research report on Wednesday, September 4th. Berenberg Bank reaffirmed a buy rating and issued a GBX 1,350 ($17.64) price objective on shares of Frontier Developments in a research report on Friday, September 6th. Finally, FinnCap reaffirmed a corporate rating on shares of Frontier Developments in a research report on Tuesday, June 18th. Five research analysts have rated the stock with a buy rating, The company currently has an average rating of Buy and a consensus target price of GBX 1,448.60 ($18.93).

FDEV opened at GBX 1,040 ($13.59) on Monday. The stock has a market capitalization of $406.78 million and a P/E ratio of 26.13. Frontier Developments has a 12 month low of GBX 730 ($9.54) and a 12 month high of GBX 1,440 ($18.82). The firm’s fifty day simple moving average is GBX 959.76 and its 200 day simple moving average is GBX 993.08.

Frontier Developments Company Profile

Frontier Developments plc develops and publishes video games for the interactive entertainment sector in the United Kingdom and internationally. It develops games across various platforms using its cross platform technology. The company was founded in 1994 and is based in Cambridge, the United Kingdom.

Read More: How are the companies in the S&P 500 selected?

Analyst Recommendations for Frontier Developments (LON:FDEV)

Receive News & Ratings for Frontier Developments Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Frontier Developments and related companies with MarketBeat.com's FREE daily email newsletter.