Frontier Developments (LON:FDEV) was upgraded by equities research analysts at Numis Securities Ltd to a "buy" rating in a report released on Friday, MarketBeat.com reports. The firm presently has a GBX 210 ($2.80) price objective on the stock. Numis Securities Ltd's target price would suggest a potential upside of 20.69% from the stock's previous close.
Separately, FinnCap restated a "corporate" rating on shares of Frontier Developments PLC in a research report on Friday, July 1.
Frontier Developments opened at 188.50 on Friday, MarketBeat.com reports. The stock's market capitalization is GBX 64.27 million. Frontier Developments PLC has a 12 month low of GBX 162.00 and a 12 month high of GBX 248.00. The company has a 50-day moving average price of GBX 176.76 and a 200 day moving average price of GBX 197.45.
About Frontier Developments PLC
Frontier Developments plc is a United Kingdom-based software technology company. The Company develops non-game applications and video games for the interactive entertainment sector. The Company is engaged in designing and production of computer software irrespective of platform or route to market. The Company uses its COBRA game development technology to create games across videogame consoles, computers, smartphones and tablets.
Which stock should you buy in your very next trade?
With valuations skyrocketing in 2024, many investors are uneasy putting more money into stocks. Unsure where to invest next? Get access to our proven portfolios and discover high-potential opportunities.
In 2024 alone, ProPicks AI identified 2 stocks that surged over 150%, 4 additional stocks that leaped over 30%, and 3 more that climbed over 25%. That's an impressive track record.
With portfolios tailored for Dow stocks, S&P stocks, Tech stocks, and Mid Cap stocks, you can explore various wealth-building strategies.