UK markets open in 2 hours 33 minutes
  • NIKKEI 225

    26,324.03
    +170.22 (+0.65%)
     
  • HANG SENG

    21,955.72
    +125.37 (+0.57%)
     
  • CRUDE OIL

    110.29
    +1.86 (+1.72%)
     
  • GOLD FUTURES

    1,811.80
    +10.30 (+0.57%)
     
  • DOW

    31,097.26
    +321.86 (+1.05%)
     
  • BTC-GBP

    16,685.44
    +822.08 (+5.18%)
     
  • CMC Crypto 200

    438.59
    +18.45 (+4.39%)
     
  • ^IXIC

    11,127.84
    +99.14 (+0.90%)
     
  • ^FTAS

    3,967.61
    +27.58 (+0.70%)
     

Analysts optimistic on Frontier Developments outlook

  • Oops!
    Something went wrong.
    Please try again later.
·1-min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

The Frontier Developments (LON:FDEV) share price has risen by 3.42% over the past month and it’s currently trading at 1,330p. For investors considering whether to buy, hold or sell the stock, the question now is whether this price run will continue.

According to the company’s analysts, there are certainly reasons to think it will continue to perform well in the year ahead. In terms of trading recommendations, Frontier Developments currently has:

  • 5 Buy recommendations

  • 2 Hold recommendations

  • 0 Sell recommendations

This suggests that analysts are generally positive about the outlook.

GET MORE DATA-DRIVEN INSIGHTS INTO LON:FDEV »

Researching beyond broker forecasts

At its current price of 1,330p, shares in Frontier Developments are trading at a discount of -54.1% to its 52 week high price. The 1-year performance of the shares has been -44.8%.

While analyst forecasts can be a useful guide to what City 'experts' think about a stock's near term future, they can be unreliable. To get a better idea about the strengths and weaknesses of Frontier Developments it's worth doing some investigation yourself. Indeed, we've identified some areas of concern with Frontier Developments that you can find out about here.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting