Frontier Developments (LON:FDEV) Receives “Buy” Rating from Peel Hunt

Peel Hunt reiterated their buy rating on shares of Frontier Developments (LON:FDEV) in a research note issued to investors on Monday, ThisIsMoney.Co.Uk reports.

FDEV has been the subject of several other reports. Berenberg Bank reiterated a buy rating and set a GBX 1,350 ($17.64) target price on shares of Frontier Developments in a research report on Tuesday, June 25th. Liberum Capital reiterated a buy rating on shares of Frontier Developments in a research report on Tuesday, June 18th. FinnCap reiterated a corporate rating on shares of Frontier Developments in a research report on Tuesday, June 18th. Shore Capital restated a buy rating on shares of Frontier Developments in a report on Tuesday, June 18th. Finally, Jefferies Financial Group restated a buy rating and issued a GBX 1,453 ($18.99) price objective on shares of Frontier Developments in a report on Tuesday, June 18th. Six investment analysts have rated the stock with a buy rating, The company presently has a consensus rating of Buy and a consensus target price of GBX 1,457.17 ($19.04).

Shares of Frontier Developments stock opened at GBX 917 ($11.98) on Monday. Frontier Developments has a 1 year low of GBX 730 ($9.54) and a 1 year high of GBX 1,440 ($18.82). The firm has a market cap of $355.26 million and a PE ratio of 23.04. The company has a 50 day simple moving average of GBX 949.50 and a two-hundred day simple moving average of GBX 985.26.

About Frontier Developments

Frontier Developments plc develops and publishes video games for the interactive entertainment sector in the United Kingdom and internationally. It develops games across various platforms using its cross platform technology. The company was founded in 1994 and is based in Cambridge, the United Kingdom.

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Analyst Recommendations for Frontier Developments (LON:FDEV)

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