Frontier Developments PLC 11.7% Potential Upside Indicated by Credit Suisse

Broker Ratings
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Frontier Developments PLC using EPIC/TICKER code (LON:FDEV) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OUTPERFORM’ today by analysts at Credit Suisse. Frontier Developments PLC are listed in the Consumer Goods sector within AIM. Credit Suisse have set a target price of 2200 GBX on its stock. This now indicates the analyst believes there is a possible upside of 11.7% from the opening price of 1970 GBX. Over the last 30 and 90 trading days the company share price has increased 290 points and increased 712 points respectively. The 1 year high stock price is 2120 GBX while the 52 week low for the stock is 829 GBX.

Frontier Developments PLC has a 50 day moving average of 1,666.78 GBX and a 200 Day Moving Average share price is recorded at 1,324.45. There are currently 38,911,810 shares in issue with the average daily volume traded being 114,746. Market capitalisation for LON:FDEV is £754,422,191 GBP.

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