Funding Circle (LON:FCH) Price Target Raised to GBX 308

Funding Circle (LON:FCH) had its price target raised by Canaccord Genuity Group from GBX 300 to GBX 308 in a research report sent to investors on Wednesday morning,Digital Look reports. Canaccord Genuity Group currently has a buy rating on the stock.

Separately, Deutsche Bank Aktiengesellschaft boosted their price target on Funding Circle from GBX 190 to GBX 290 and gave the company a “buy” rating in a research note on Friday, August 14th. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of GBX 299.

Funding Circle Stock Down 4.0%

LON FCH opened at GBX 191.20 on Wednesday. The company has a current ratio of 1.87, a quick ratio of 3.33 and a debt-to-equity ratio of 105.33. The company has a market cap of £541.30 million, a price-to-earnings ratio of 13.66 and a beta of 0.76. The company has a 50 day moving average of GBX 216.87 and a 200-day moving average of GBX 168.14. Funding Circle has a 1-year low of GBX 113.20 and a 1-year high of GBX 252.

Funding Circle (LON:FCH) last issued its quarterly earnings results on Tuesday, September 8th. The company reported GBX 7.60 earnings per share (EPS) for the quarter. Funding Circle had a return on equity of 26.71% and a net margin of 22.93%. On average, equities research analysts expect that Funding Circle will post 0.0797592 earnings per share for the current fiscal year.

Funding Circle Company Profile