First Derivatives (FDP) Receives New Coverage from Analysts at Citigroup

Citigroup began coverage on shares of First Derivatives (LON:FDP) in a research note issued to investors on Friday. The firm issued a buy rating and a GBX 5,050 ($68.48) price target on the stock.

A number of other brokerages also recently weighed in on FDP. Berenberg Bank reiterated a buy rating and issued a GBX 500 ($6.78) target price on shares of First Derivatives in a report on Monday, December 11th. N+1 Singer reiterated a buy rating and issued a GBX 4,190 ($56.82) target price on shares of First Derivatives in a report on Tuesday, November 7th. Finally, reiterated a buy rating and issued a GBX 4,190 ($56.82) target price on shares of First Derivatives in a report on Tuesday, November 7th. Five analysts have rated the stock with a buy rating, First Derivatives currently has a consensus rating of Buy and an average target price of GBX 3,386 ($45.92).

Shares of First Derivatives (LON FDP) traded down GBX 10 ($0.14) on Friday, hitting GBX 4,070 ($55.19). The stock had a trading volume of 393,745 shares, compared to its average volume of 19,503. The firm has a market cap of $1,040.00 and a P/E ratio of 12,718.75. First Derivatives has a one year low of GBX 2,090 ($28.34) and a one year high of GBX 4,380 ($59.40).

In other news, insider Graham Ferguson sold 22,647 shares of the company’s stock in a transaction dated Tuesday, December 19th. The stock was sold at an average price of GBX 3,985 ($54.04), for a total value of £902,482.95 ($1,223,871.64).

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First Derivatives Company Profile

First Derivatives plc is engaged in the provision of a range of software and consulting services, particularly to finance, technology and energy organizations. The Company provides software solutions that address data challenges, particularly those involving large data volumes and streaming data, across a range of sectors.

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