Numis Securities Ltd Raises F&C Asset Management to Hold (FCAM)
F&C Asset Management (LON: FCAM) was upgraded by equities researchers at Numis Securities Ltd to a “hold” rating in a report issued on Tuesday. The firm currently has a $1.44 (89 GBX) target price on the stock.
F&C Asset Management opened at 96.00 on Tuesday. F&C Asset Management has a 52-week low of GBX 55.00 and a 52-week high of GBX 98.35. The company’s market cap is £505.7 million.
A number of other analysts have also recently weighed in on FCAM. Analysts at Macquarie downgraded shares of F&C Asset Management to an “underperform” rating in a research note to investors on Monday. They now have a $1.37 price target on the stock. Separately, analysts at Canaccord Genuity initiated coverage on shares of F&C Asset Management in a research note to investors on Thursday, September 27th. They set a “buy” rating and a $1.79 price target on the stock. Finally, analysts at HSBC reiterated an “overweight” rating on shares of F&C Asset Management in a research note to investors on Tuesday, August 21st. They now have a $1.75 price target on the stock.
F&C Asset Management plc (F&C) is an asset management company. The Company’s customers include insurance companies, institutional, retail and wholesale investors, for whom it manages investments, including fixed income, equities, property and alternative asset classes.
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