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A statement released earlier today by finnCap about Frontier Developments Plc (LON:FDEV) bumps the target price to 500.00GBX

Yesterday Frontier Developments Plc (LON:FDEV) traded 1.15% higher at 440.00GBX. The company’s 50-day moving average is 837.36GBX and its 200-day moving average is 499.40GBX. The last stock close price is down 163.31% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time. 31,445 shares of the stock were exchanged, down from an average trading volume of 86,975

Stating a potential upside of 0.14%, finnCap upped the price target of Frontier Developments Plc (LON:FDEV) to 500.00GBX

See Chart Below

Frontier Developments Plc (LON:FDEV)

Frontier Developments Plc has a 52 week low of 187.50GBX and a 52 week high of 1,369.77GBX with a P/E ratio of 98.87 The company’s market cap is currently 0 GBX.

In addition to finnCap reporting its target price, a total of 1 firm has reported on the stock. The consensus target price is 210.00GBX with 0 firms rating the stock a strong buy, 0 equity analysts rating the company a buy, one equity analyst rating the company a hold, zero equity analysts rating the company a underperform, and lastly zero equity analysts rating the company a sell.

Brief Synopsis About Frontier Developments Plc (LON:FDEV)

Frontier Developments plc is engaged in developing non-game applications and video games for the entertainment sector. The Company's segments include self-published and external publishers. The self-published segment is engaged in sales of the game and digital in-game. The Company has completed work for external publishers, including Screamride and Tales from Deep Space. Its games are developed using its COBRA cross-platform technology, allowing code and resources developed on personal computer (PC) to be compiled and run on XBox360, PS3, iPhone operating system (iOS) and Nintendo WiiU. The Company offers Elite Dangerous game on PC, Mac and Xbox One. The Company is engaged in developing games of the strategy/simulation genre, including RollerCoaster Tycoon 3 for PC and Zoo Tycoon for Xbox. The Company also offers Planet Coaster, its self-published franchise.

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