Berenberg Bank restated their buy rating on shares of Frontier Developments (LON:FDEV – Free Report) in a report published on Wednesday morning, MarketBeat Ratings reports. Berenberg Bank currently has a GBX 330 ($4.32) price target on the stock.
Several other research firms have also recently weighed in on FDEV. Jefferies Financial Group reissued a hold rating on shares of Frontier Developments in a research note on Wednesday, June 12th. Shore Capital reissued a buy rating on shares of Frontier Developments in a research note on Wednesday. Finally, Deutsche Bank Aktiengesellschaft reissued a hold rating and issued a GBX 300 ($3.92) target price on shares of Frontier Developments in a research note on Thursday. 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 stock. According to data from MarketBeat, Frontier Developments presently has an average rating of Hold and an average target price of GBX 250 ($3.27).
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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.
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