Today Numis Sticks With a “Buy” Rating on Fidessa Group (LON:FDSA) and a GBX 2500 Target Price

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Fidessa Group (LON:FDSA) Rating Reaffirmed

They currently have a GBX 2500 PT on Fidessa Group (LON:FDSA). The target price by Numis would suggest a potential upside of 28.01% from the company’s last price. This has been disclosed to clients in analysts report on Monday morning.

From a total of 10 analysts covering Fidessa Group PLC (LON:FDSA) stock, 4 rate it a ”Buy”, 1 a “Sell”, and 5 a ”Hold”. This means that 40% of the ratings are positive. The highest target price is GBX 2580 while the lowest target price is GBX 1712. The mean of all analyst targets is GBX 2052.7 with a 4.78% above today’s (GBX 1943) stock price. Fidessa Group PLC was the topic of 22 analyst reports since August 3, 2015 according to the firm StockzIntelligence Inc. Panmure Gordon maintained shares on December 1 with “Hold” rating. FinnCap downgraded shares to “Sell” rating and GBX 1750 target share price in a report from a November 11. Credit Suisse maintained FDSA stock in a recent report from November 11 with “Neutral” rating. Jefferies maintained the rating on October 21. Jefferies has a “Buy” rating and a GBX 2580 price target on shares. Finally, Investec maintained the stock with “Hold” rating in a report issued on a November 11.

Approximately 2,010 shares of stock traded hands. Fidessa Group plc (LON:FDSA) has declined 18.51% since May 8, 2015 and is downtrending. It has underperformed by 17.43% the S&P500.

Today Numis Sticks With a

Fidessa Group PLC provides trading, investment and information solutions for the financial community. The company has a market cap of 743.41 million GBP. The Firm operates in two divisions: Sell-side and Buy-side. It has 25.8 P/E ratio. The Sell-side segment provides solutions and tools to support the trading of cash equities and derivatives across the globe.

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