Frontier Developments Upgraded By Numis

www.investing.com/analysis/frontier-developments-plc-(fdev)-stock-rating-upgraded-by-numis-securiti-200152667

By MarketBeat.com | Sep 09, 2016 08:09AM ET

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FDEV

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Frontier Developments (LON:FDEV) was upgraded by equities research analysts at Numis Securities Ltd to a "buy" rating in a report released on Friday, MarketBeat.com reports. The firm presently has a GBX 210 ($2.80) price objective on the stock. Numis Securities Ltd's target price would suggest a potential upside of 20.69% from the stock's previous close.

Separately, FinnCap restated a "corporate" rating on shares of Frontier Developments PLC in a research report on Friday, July 1.

Frontier Developments opened at 188.50 on Friday, MarketBeat.com reports. The stock's market capitalization is GBX 64.27 million. Frontier Developments PLC has a 12 month low of GBX 162.00 and a 12 month high of GBX 248.00. The company has a 50-day moving average price of GBX 176.76 and a 200 day moving average price of GBX 197.45.

About Frontier Developments PLC

Frontier Developments plc is a United Kingdom-based software technology company. The Company develops non-game applications and video games for the interactive entertainment sector. The Company is engaged in designing and production of computer software irrespective of platform or route to market. The Company uses its COBRA game development technology to create games across videogame consoles, computers, smartphones and tablets.

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Frontier Developments Upgraded By Numis

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