Fidessa Group plc (FDSA) Receives “Buy” Rating from Jefferies Group
Fidessa Group plc (LON:FDSA)‘s stock had its “buy” rating reiterated by research analysts at Jefferies Group in a research note issued on Monday, AnalystRatings.Net reports. They currently have a GBX 2,580 ($36.76) price target on the stock. Jefferies Group’s price objective would suggest a potential upside of 36.94% from the company’s current price.
In other Fidessa Group plc news, insider Skelton ,Andy acquired 1,500 shares of Fidessa Group plc stock in a transaction on Friday, December 18th. The shares were bought at an average price of GBX 1,942 ($27.67) per share, with a total value of £29,130 ($41,501.64). Also, insider Mackintosh,Ron acquired 10,000 shares of Fidessa Group plc stock in a transaction on Tuesday, December 15th. The stock was acquired at an average cost of GBX 1,899 ($27.06) per share, for a total transaction of £189,900 ($270,551.36).
Fidessa Group plc (LON:FDSA) opened at 1884.00 on Monday. The stock’s market capitalization is GBX 715.52 million. Fidessa Group plc has a 1-year low of GBX 1,746.00 and a 1-year high of GBX 2,514.00. The stock’s 50 day moving average price is GBX 1,924.15 and its 200 day moving average price is GBX 1,947.84.
A number of other analysts have also recently issued reports on the company. Barclays restated an “underweight” rating and set a GBX 1,860 ($26.50) price objective on shares of Fidessa Group plc in a research report on Monday, October 12th. FinnCap restated a “hold” rating on shares of Fidessa Group plc in a research report on Wednesday, October 21st. Credit Suisse restated a “neutral” rating and set a GBX 2,000 ($28.49) price objective on shares of Fidessa Group plc in a research report on Wednesday, November 11th. Numis Securities Ltd restated a “buy” rating and set a GBX 2,500 ($35.62) price objective on shares of Fidessa Group plc in a research report on Monday, December 7th. Finally, Panmure Gordon restated a “hold” rating and set a GBX 1,712 ($24.39) price objective on shares of Fidessa Group plc in a research report on Tuesday, December 1st. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of GBX 2,057.43 ($29.31).
Fidessa Group PLC (LON:FDSA) provides trading, investment and information solutions for the financial community. The Company operates in two segments: Sell-side and Buy-side. The Sell-side segment provides solutions and tools to support the trading of cash equities and derivatives across the globe. The Buy-side segment provides the systems to cover every stage of the investment process for all asset classes. The systems are used by the investment managers in the world, as well as some of the boutiques and hedge funds. Fidessa’s post-trade services provide a suite of multi-asset functionality and workflow to manage the confirmation and affirmation process. Its suite of trade matching, data enrichment and exceptions processing tools are used by brokers and investment managers to support the post-trade operation. Its subsidiaries include Fidessa plc, Fidessa kk and Fidessa SAS, among others are all engaged in developing and selling computer software and providing associated services.
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