Frontier Developments PLC 8.7% Potential Upside Indicated by Berenberg

Broker Ratings
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Frontier Developments PLC using EPIC/TICKER code (LON:FDEV) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at Berenberg. Frontier Developments PLC are listed in the Consumer Goods sector within AIM. Berenberg have set their target price at 2050 GBX on its stock. This would imply the analyst believes there is now a potential upside of 8.7% from today’s opening price of 1886 GBX. Over the last 30 and 90 trading days the company share price has increased 514 points and increased 560 points respectively. The 52 week high for the stock is 2055 GBX while the year low stock price is currently 829 GBX.

Frontier Developments PLC has a 50 day moving average of 1,458.42 GBX and the 200 Day Moving Average price is recorded at 1,263.67. There are currently 38,911,810 shares in issue with the average daily volume traded being 88,628. Market capitalisation for LON:FDEV is £745,550,279 GBP.

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