Funding Circle (LON:FCH) Stock Price Expected to Rise, Deutsche Bank Aktiengesellschaft Analyst Says

Funding Circle (LON:FCH) had its price target raised by equities research analysts at Deutsche Bank Aktiengesellschaft from GBX 190 to GBX 290 in a research report issued to clients and investors on Friday,London Stock Exchange reports. The firm currently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price target indicates a potential upside of 16.00% from the stock’s current price.

Separately, Canaccord Genuity Group reiterated a “buy” rating and set a GBX 300 target price on shares of Funding Circle in a report on Tuesday, July 21st. Three research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of GBX 295.

Funding Circle Price Performance

Shares of FCH stock opened at GBX 250 on Friday. The company has a quick ratio of 3.33, a current ratio of 1.70 and a debt-to-equity ratio of 119.79. Funding Circle has a 12-month low of GBX 113.20 and a 12-month high of GBX 252. The firm has a fifty day moving average of GBX 182.89 and a 200-day moving average of GBX 158.18. The firm has a market capitalization of £707.93 million, a price-to-earnings ratio of 17.86 and a beta of 0.75.

Insider Activity at Funding Circle

In related news, insider Tony Nicol acquired 1,314 shares of the company’s stock in a transaction that occurred on Monday, May 18th. The shares were acquired at an average cost of GBX 137 per share, for a total transaction of £1,800.18. Also, insider Lisa Jacobs acquired 1,315 shares of the business’s stock in a transaction that occurred on Monday, May 18th. The stock was bought at an average cost of GBX 137 per share, for a total transaction of £1,801.55. 1.18% of the stock is owned by corporate insiders.

Funding Circle Company Profile