Fidessa Group (FDSA) Upgraded at Barclays
Barclays upgraded shares of Fidessa Group (LON:FDSA) to an equal weight rating in a research note issued to investors on Friday. The brokerage currently has GBX 3,650 ($52.26) price target on the stock, up from their prior price target of GBX 2,060 ($29.50).
Several other research firms have also issued reports on FDSA. Jefferies Group raised Fidessa Group to a buy rating and increased their target price for the stock from GBX 2,400 ($34.36) to GBX 3,100 ($44.39) in a report on Monday, February 19th. Numis Securities reissued an add rating and set a GBX 3,070 ($43.96) target price on shares of Fidessa Group in a report on Monday, February 19th. Finally, Credit Suisse Group lowered Fidessa Group to an underperform rating and increased their target price for the stock from GBX 2,300 ($32.93) to GBX 2,350 ($33.65) in a report on Monday, January 8th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the company. The stock currently has a consensus rating of Hold and a consensus price target of GBX 2,844.80 ($40.73).
FDSA opened at GBX 4,020 ($57.56) on Friday. Fidessa Group has a 52-week low of GBX 2,020 ($28.92) and a 52-week high of GBX 3,925 ($56.20).
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Fidessa Group Company Profile
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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