Wednesday, 20 June, 2018

Fidessa Group (FDSA) Raised to Buy at Jefferies Group

Nellie Chapman | 23 February, 2018, 09:56

The firm operates through Mobile Communications Services and Wireline Communication Services divisions. It now has negative earnings.

Fidessa group plc is a United Kingdom-based holding company. The company has market cap of 3.00 billion GBP. It operates in three divisions: Metals and Minerals, Energy Products, and Agricultural Products. It has a 15.49 P/E ratio. It offers clients the ability to search for and compare products, such as insurance products, including breakdown, dental, home, life, medical, motor, pet, and travel insurance; credit cards, current accounts, mortgages, loans, debt solutions, savings accounts, and business finance; broadband, mobile phones, vouchers, shopping, and utilities; and vehicle hire, flights, hotels and package holidays, and others.

The stock increased 2.72% or $0.05 during the last trading session, reaching $1.89. The shares were purchased at an average cost of GBX 1,435 ($19.83) per share, for a total transaction of £1,621.55 ($2,240.33). Marketwatch.com's article titled: "Iomart Group PLC" and published on May 23, 2017 is yet another important article. It has underperformed by 16.70% the S&P500. Five investment analysts have rated the stock with a sell rating, eight have issued a hold rating and one has issued a buy rating to the company's stock. Therefore 100% are positive. GBX 401.25's average target is -4.12% below currents GBX 418.5 stock price. On Thursday, February 18 the stock rating was maintained by Citigroup with "Buy". The firm has "Hold" rating by Liberum Capital given on Friday, July 14. Peel Hunt's target price would suggest a potential upside of 9.35% from the stock's current price. As per Wednesday, October 28, the company rating was maintained by Barclays Capital. The stock of ITE Group plc (LON:ITE) earned "Hold" rating by Peel Hunt on Tuesday, November 29. As per Wednesday, July 5, the company rating was maintained by Liberum Capital. The firm earned "Buy" rating on Monday, May 9 by Numis Securities. The firm has "Corporate" rating given on Friday, September 30 by N+1 Singer. Numis Securities reaffirmed an add rating and issued a GBX 3,070 ($42.42) price target on shares of Fidessa Group in a research note on Monday. They now have a GBX 225 ($3.11) target price on the real estate investment trust's stock. The stock increased 0.21% or $0.03 during the last trading session, reaching $14.49. About 96,331 shares traded. It is down 0.00% since February 22, 2017 and is. It has outperformed by 16.89% the S&P500. The Platinum Investment Management Ltd holds 1.41 million shares with $1.88M value, up from 810,232 last quarter. Moreover, Acadian Asset Management Llc has 0.01% invested in the company for 2.96 million shares. Renaissance Technology Ltd Llc has invested 0.02% in Masonite International Corporation (NYSE:DOOR). Piermont Capital Management Inc., a Missouri-based fund reported 174,830 shares.

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