Frontier Developments PLC 3.9% potential upside indicated by Berenberg Bank

Frontier Developments PLC with ticker (LON:FDEV) now has a potential upside of 3.9% according to Berenberg Bank.

FDEV.L

Berenberg Bank set a target price of 330 GBX for the company, which when compared to the Frontier Developments PLC share price of 318 GBX at opening today (13/08/2024) indicates a potential upside of 3.9%. Trading has ranged between 95 (52 week low) and 440 (52 week high) with an average of 190,540 shares exchanging hands daily. The market capitalisation at the time of writing is £121,957,049.

Frontier Developments PLC is a United Kingdom-based company that develops and publishes video games for the interactive entertainment sector. The Company primarily uses its COBRA game development technology to create genre games for personal computers and videogame consoles. The Frontier Foundry is a gaming label for third party-publishing. The Company’s games include Jurassic World Evolution 2, Planet Zoo, Jurassic World Evolution, Planet Coaster, Elite Dangerous, and others. The Company’s operations are based in the United Kingdom, with subsidiaries based in Canada and the United States. Its gameography includes Kinectimals, Zoo Tycoon, Lostwinds, Rollercoaster Tycoon 3, Disneyland Adventures, Lostwinds: Winter of the Melodias, Screamride, Tales from Deep Space, Coaster Crazy, Thrillville: Off the Rails, Thrillville, Wallace and Gromit and others. The Company’s subsidiaries include Frontier Developments Inc., Frontier Games Limited, 10142474 Manitoba Inc., and Complex Games Inc.