Canaccord Genuity Group Reiterates Buy Rating for Funding Circle (LON:FCH)

Funding Circle (LON:FCH)‘s stock had its “buy” rating restated by investment analysts at Canaccord Genuity Group in a research report issued on Tuesday,Digital Look reports. They presently have a GBX 300 price target on the stock. Canaccord Genuity Group’s target price suggests a potential upside of 41.51% from the company’s current price.

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

Funding Circle Trading Up 9.2%

LON:FCH opened at GBX 212 on Tuesday. Funding Circle has a one year low of GBX 113.20 and a one year high of GBX 215. The company has a debt-to-equity ratio of 119.79, a quick ratio of 3.33 and a current ratio of 1.70. The firm has a market cap of £601.03 million, a P/E ratio of 15.14 and a beta of 0.71. The firm has a 50-day simple moving average of GBX 150.51 and a 200-day simple moving average of GBX 146.11.

Insider Activity at Funding Circle

In other Funding Circle news, insider Lisa Jacobs purchased 1,315 shares of Funding Circle stock in a transaction dated Monday, May 18th. The shares were acquired at an average cost of GBX 137 per share, with a total value of £1,801.55. Also, insider Tony Nicol purchased 1,314 shares of Funding Circle stock in a transaction dated Monday, May 18th. The shares were acquired at an average cost of GBX 137 per share, for a total transaction of £1,800.18. 1.18% of the stock is owned by company insiders.

Funding Circle Company Profile