Credit Suisse Group lowered shares of Fidessa Group (LON:FDSA) to an underperform rating in a research note published on Monday. The firm currently has GBX 2,350 ($31.87) price target on the stock, up from their prior price target of GBX 2,300 ($31.19).

Several other research analysts have also weighed in on FDSA. Stifel Nicolaus initiated coverage on Fidessa Group in a research report on Thursday, November 30th. They issued a sell rating and a GBX 2,054 ($27.85) price objective for the company. Numis Securities lowered Fidessa Group to an add rating and lowered their price objective for the stock from GBX 2,860 ($38.78) to GBX 2,800 ($37.97) in a research report on Monday, December 18th. Four investment analysts have rated the stock with a sell rating and one has given a hold rating to the company. The company presently has an average rating of Sell and a consensus price target of GBX 2,178.80 ($29.55).

Shares of Fidessa Group (LON:FDSA) traded up GBX 65 ($0.88) during trading on Monday, reaching GBX 2,620 ($35.53). The company had a trading volume of 22,215 shares, compared to its average volume of 27,905. The stock has a market capitalization of $1,010.00 and a price-to-earnings ratio of 2,620.00. Fidessa Group has a 52 week low of GBX 2,020 ($27.39) and a 52 week high of GBX 2,675 ($36.28).

WARNING: “Fidessa Group (FDSA) Lowered to “Underperform” at Credit Suisse Group” was posted by Watch List News and is the sole property of of Watch List News. If you are accessing this piece on another domain, it was illegally copied and reposted in violation of U.S. & international copyright legislation. The legal version of this piece can be viewed at https://www.watchlistnews.com/fidessa-group-fdsa-lowered-to-underperform-at-credit-suisse-group/1800408.html.

About Fidessa Group

Fidessa group plc is a United Kingdom-based holding company. The Company provides trading, investment and information solutions for the financial community. It is structured into two business units: Sell-side and Buy-side. The Sell-side business unit provides solutions and tools to support the trading of cash equities and derivatives across the globe.

Analyst Recommendations for Fidessa Group (LON:FDSA)

Receive News & Ratings for Fidessa Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidessa Group and related companies with MarketBeat.com's FREE daily email newsletter.