FDM Group (Holdings) PLC 62.5% potential upside indicated by Berenberg Bank

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FDM Group (Holdings) PLC with ticker (LON:FDM) now has a potential upside of 62.5% according to Berenberg Bank.



Berenberg Bank set a target price of 1,250 GBX for the company, which when compared to the FDM Group (Holdings) PLC share price of 769 GBX at opening today (30/03/2023) indicates a potential upside of 62.5%. Trading has ranged between 591 (52 week low) and 1,162 (52 week high) with an average of 190,164 shares exchanging hands daily. The market capitalisation at the time of writing is £818,937,000.

FDM Group (Holdings) plc is a United Kingdom-based professional services provider. The Company is focused on information technology (IT). The Company’s principal business activities involve is involved in recruiting, training and deploying its own permanent IT and business consultants to clients, either on-site or remotely. It specializes in a range of technical and business disciplines, including development, testing, IT service management, project management office, data engineering, cloud computing, risk, regulation and compliance, business analysis, business intelligence, cyber security, artificial intelligence (AI), machine learning and robotic process automation. Its training centers and sales operations are located in London, Leeds, Glasgow, New York, Arlington, Charlotte, Austin, Toronto, Frankfurt, Singapore, Hong Kong, Shanghai and Sydney. It also operates in Ireland, Luxembourg, the Netherlands, Poland, Switzerland, Austria, Spain, South Africa and New Zealand.



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    FDM Group plc, a global IT professional services provider, has provided a trading update for 2023, showcasing a resilient performance in challenging market conditions. The company expects its financial performance to be in line with expectations.

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