FDM Group (LON:FDM) Stock Keeps House Stock Rating at Shore Capital Group

Key Points

• Shore Capital Group reissued its “house stock” rating on FDM Group.
• Deutsche Bank cut its price target from GBX 160 to GBX 155 but maintained a “buy” rating; analysts’ consensus is “Moderate Buy,” with a GBX 142.50 target.
• FDM shares opened at GBX 103.60, within a 52-week range of GBX 94.50 to GBX 165.80.

FDM Group (LON:FDM - Get Free Report)'s stock had its "house stock" rating reissued by analysts at Shore Capital Group in a research note issued to investors on Wednesday, Digital Look reports.

Separately, Deutsche Bank Aktiengesellschaft decreased their price objective on FDM Group from GBX 160 to GBX 155 and set a "buy" rating for the company in a research note on Tuesday, August 4th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of GBX 142.50.

FDM Group Price Performance

Shares of FDM stock opened at GBX 103.60 on Wednesday. FDM Group has a 52-week low of GBX 94.50 and a 52-week high of GBX 165.80. The stock has a market cap of £113.28 million, a PE ratio of 45.04 and a beta of 1.13. The company has a debt-to-equity ratio of 37.49, a quick ratio of 2.24 and a current ratio of 2.23. The firm's 50 day moving average price is GBX 105.19 and its two-hundred day moving average price is GBX 115.70.

FDM Group (LON:FDM - Get Free Report) last issued its earnings results on Monday, August 3rd. The company reported GBX 3.80 EPS for the quarter. FDM Group had a net margin of 1.57% and a return on equity of 4.84%. As a group, analysts forecast that FDM Group will post 3132.53 EPS for the current year.

About FDM Group

FDM Group (Holdings) plc provides information technology (IT) services in the United Kingdom, North America, Europe, the Middle East, Africa, rest of Europe, and the Asia Pacific. It is involved in recruiting, training, and deploying its IT and business consultants to clients. The company was formerly known as Astra Topco Limited and changed its name to FDM Group (Holdings) plc. FDM Group (Holdings) plc was founded in 1991 and is based in London, the United Kingdom.

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