Frontier Developments’ (FDEV) Hold Rating Reiterated at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft restated their hold rating on shares of Frontier Developments (LON:FDEV) in a report published on Thursday morning, MarketBeat reports. Deutsche Bank Aktiengesellschaft currently has a GBX 300 ($3.92) price objective on the stock.

Several other analysts also recently weighed in on FDEV. Shore Capital reiterated a buy rating on shares of Frontier Developments in a report on Wednesday. Berenberg Bank raised shares of Frontier Developments to a buy rating and raised their price target for the company from GBX 300 ($3.92) to GBX 330 ($4.32) in a research report on Tuesday, August 6th. Finally, Jefferies Financial Group reissued a hold rating on shares of Frontier Developments in a research report on Wednesday, June 12th. One analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of Hold and an average price target of GBX 250 ($3.27).

Frontier Developments Stock Up 6.9 %

Frontier Developments stock opened at GBX 246.50 ($3.22) on Thursday. Frontier Developments has a fifty-two week low of GBX 95 ($1.24) and a fifty-two week high of GBX 336.31 ($4.40). The company has a debt-to-equity ratio of 29.58, a quick ratio of 2.61 and a current ratio of 2.13. The firm has a 50 day moving average price of GBX 262.72 and a 200 day moving average price of GBX 233.95. The company has a market capitalization of £97.17 million, a PE ratio of -440.18, a price-to-earnings-growth ratio of 2.11 and a beta of 0.04.

About Frontier Developments

Frontier Developments plc develops and publishes video games for interactive entertainment sector. The company develops games using its cross-platform technology, Cobra. It also publishes games developed by selected partner studios under its Frontier Foundry games label. The company was incorporated in 1994 and is headquartered in Cambridge, the United Kingdom.