Funding Circle’s (FCH) “Buy” Rating Reiterated at Canaccord Genuity Group

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

Separately, Shore Capital Group raised shares of Funding Circle to a “buy” rating in a report on Tuesday, April 7th. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Funding Circle has a consensus rating of “Buy” and a consensus price target of GBX 300.

Funding Circle Trading Down 1.5%

Shares of LON:FCH opened at GBX 227 on Tuesday. The stock’s 50-day simple moving average is GBX 156.10 and its two-hundred day simple moving average is GBX 148.28. The stock has a market capitalization of £643.56 million, a price-to-earnings ratio of 16.21 and a beta of 0.71. Funding Circle has a 52-week low of GBX 113.20 and a 52-week high of GBX 234. The company has a debt-to-equity ratio of 119.79, a quick ratio of 3.33 and a current ratio of 1.70.

Insider Activity at Funding Circle

In related news, insider Tony Nicol purchased 1,314 shares of the firm’s stock in a transaction 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 acquired 1,315 shares of the company’s stock in a transaction on Monday, May 18th. The shares were bought at an average cost of GBX 137 per share, with a total value of £1,801.55. Company insiders own 1.18% of the company’s stock.

Funding Circle Company Profile