First Derivatives (FDP) Price Target Cut to GBX 4,100 by Analysts at Liberum Capital
First Derivatives (LON:FDP) had its target price reduced by Liberum Capital from GBX 5,300 ($69.25) to GBX 4,100 ($53.57) in a report released on Tuesday morning, ThisIsMoney.Co.Uk reports. Liberum Capital currently has a buy rating on the stock.
Separately, Shore Capital reiterated a buy rating on shares of First Derivatives in a report on Wednesday, February 6th.
Shares of LON FDP opened at GBX 3,285 ($42.92) on Tuesday. The stock has a market cap of $861.80 million and a PE ratio of 77.48. First Derivatives has a 1 year low of GBX 2,010 ($26.26) and a 1 year high of GBX 4,800 ($62.72). The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 26.66.
About First Derivatives
First Derivatives plc provides software and consulting services internationally. The company operates through Consulting and Software segments. It provides kdb+, an in-memory, time-series database. The company also designs, develops, implements, and supports a range of data and trading systems for front, middle, and back-office operations.
Further Reading: How does new data get added to a blockchain?
Receive News & Ratings for First Derivatives Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Derivatives and related companies with MarketBeat.com's FREE daily email newsletter.