Frontier Developments PLC 47.5% Potential Upside Indicated by Credit Suisse

Broker Ratings
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Frontier Developments PLC with EPIC/TICKER (LON:FDEV) has had its stock rating noted as ‘Initiates/Starts’ 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 1490 GBX on its stock. This is indicating the analyst believes there is a potential upside of 47.5% from today’s opening price of 1010 GBX. Over the last 30 and 90 trading days the company share price has increased 95 points and increased 6 points respectively. The 52 week high for the share price is currently at 1440 GBX while the 52 week low for the stock is 730 GBX.

Frontier Developments PLC has a 50 day moving average of 1,001.48 GBX and the 200 Day Moving Average price is recorded at 993.16. There are currently 38,911,810 shares in issue with the average daily volume traded being 94,751. Market capitalisation for LON:FDEV is £392,522,883 GBP.

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