First Derivatives (FDP) Rating Reiterated by Liberum Capital

First Derivatives (LON:FDP)‘s stock had its “buy” rating reaffirmed by equities researchers at Liberum Capital in a report released on Tuesday, October 30th. They currently have a GBX 5,300 ($69.25) price objective on the stock. Liberum Capital’s price objective indicates a potential upside of 126.50% from the company’s current price.

FDP has been the subject of several other reports. Shore Capital reiterated a “buy” rating and set a GBX 4,200 ($54.88) price target on shares of First Derivatives in a research report on Monday, July 16th. Citigroup boosted their price target on First Derivatives from GBX 5,050 ($65.99) to GBX 5,200 ($67.95) and gave the stock a “buy” rating in a research report on Monday, July 9th.

Shares of FDP stock traded down GBX 10 ($0.13) during trading hours on Tuesday, hitting GBX 2,340 ($30.58). 23,695 shares of the company’s stock were exchanged, compared to its average volume of 17,708. First Derivatives has a fifty-two week low of GBX 2,485 ($32.47) and a fifty-two week high of GBX 4,440 ($58.02).

First Derivatives Company Profile

First Derivatives plc designs, develops, implements, and supports a range of data and trading systems for front, middle, and back-office operations worldwide. It operates through Consulting and Software segments. The company provides kdb+, a high-performance database that sets the standard for time-series analytics with a built-in expressive query and programming language, as well as develops a suite of products.

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