Frontier Developments (FDEV) Earns Buy Rating from Liberum Capital

Liberum Capital reaffirmed their buy rating on shares of Frontier Developments (LON:FDEV) in a research note released on Tuesday morning.

Other research analysts have also issued reports about the stock. FinnCap upped their target price on shares of Frontier Developments from GBX 1,332 ($18.70) to GBX 1,700 ($23.86) and gave the stock a corporate rating in a research report on Wednesday, January 10th. Peel Hunt assumed coverage on shares of Frontier Developments in a research report on Monday, March 26th. They issued a buy rating and a GBX 1,400 ($19.65) target price for the company. One research analyst has rated the stock with a hold rating and two have assigned a buy rating to the company. The stock has a consensus rating of Buy and an average price target of GBX 1,261.50 ($17.71).

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Frontier Developments stock opened at GBX 1,320 ($18.53) on Tuesday. Frontier Developments has a fifty-two week low of GBX 288 ($4.04) and a fifty-two week high of GBX 1,540 ($21.62).

Frontier Developments (LON:FDEV) last announced its earnings results on Tuesday, February 6th. The company reported GBX 8 ($0.11) earnings per share (EPS) for the quarter. Frontier Developments had a net margin of 15.49% and a return on equity of 13.81%. The company had revenue of GBX 1,899 million during the quarter.

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Frontier Developments Company Profile

Frontier Developments plc, a software technology company, develops and sells video games for the interactive entertainment sector in the United Kingdom and internationally. It develops video games across various genres and platforms. The company was founded in 1994 and is headquartered in Cambridge, the United Kingdom.

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