FDM Group (LON:FDM) Price Target Lowered to GBX 130 at Stifel Nicolaus

FDM Group (LON:FDM) had its price objective trimmed by Stifel Nicolaus from GBX 174 to GBX 130 in a report released on Thursday morning, Marketbeat reports. The firm currently has a hold rating on the stock.

Separately, Shore Capital Group reaffirmed a “house stock” rating on shares of FDM Group in a research note on Wednesday, January 28th. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, FDM Group has an average rating of “Moderate Buy” and an average target price of GBX 145.

FDM Group Trading Down 2.9%

Shares of FDM opened at GBX 115.80 on Thursday. The company has a current ratio of 2.48, a quick ratio of 2.24 and a debt-to-equity ratio of 38.18. The firm has a market capitalization of £126.61 million, a P/E ratio of 8.21 and a beta of 0.89. The stock’s fifty day simple moving average is GBX 142.48 and its 200 day simple moving average is GBX 135.24. FDM Group has a twelve month low of GBX 112 and a twelve month high of GBX 270.

FDM Group (LON:FDM) last posted its quarterly earnings results on Wednesday, March 18th. The company reported GBX 10 earnings per share (EPS) for the quarter. FDM Group had a return on equity of 10.20% and a net margin of 3.19%. On average, equities research analysts forecast that FDM Group will post 3132.5302111 earnings per share 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.