Funding Circle (LON:FCH) Receives Buy Rating from Canaccord Genuity Group

Canaccord Genuity Group reiterated their buy rating on shares of Funding Circle (LON:FCH) in a research note published on Tuesday morning,Digital Look reports. The firm currently has a GBX 300 target price on the stock.

Separately, Shore Capital Group raised Funding Circle to a “buy” rating in a report on Tuesday, April 7th. Two research analysts have rated the stock with a Buy rating, According to MarketBeat, the company presently has an average rating of “Buy” and an average target price of GBX 300.

Funding Circle Stock Performance

FCH opened at GBX 226 on Tuesday. Funding Circle has a 12-month low of GBX 113.20 and a 12-month high of GBX 232.50. The stock has a market cap of £640.72 million, a price-to-earnings ratio of 16.14 and a beta of 0.71. The business has a 50 day moving average of GBX 152.28 and a 200-day moving average of GBX 146.81. The company has a quick ratio of 3.33, a current ratio of 1.70 and a debt-to-equity ratio of 119.79.

Insider Activity

In related news, insider Tony Nicol purchased 1,314 shares of the firm’s stock in a transaction that occurred on Monday, May 18th. The shares were acquired at an average price of GBX 137 per share, for a total transaction of £1,800.18. Also, insider Lisa Jacobs purchased 1,315 shares of the stock in a transaction on Monday, May 18th. The stock was bought at an average cost of GBX 137 per share, for a total transaction of £1,801.55. Insiders own 1.18% of the company’s stock.

About Funding Circle