Deutsche Bank Aktiengesellschaft Issues Positive Forecast for Funding Circle (LON:FCH) Stock Price

Funding Circle (LON:FCHGet Free Report) had its target price increased by equities research analysts at Deutsche Bank Aktiengesellschaft from GBX 190 to GBX 290 in a research note issued to investors on Friday,London Stock Exchange reports. The brokerage currently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price objective suggests a potential upside of 16.00% from the company’s current price.

Separately, Canaccord Genuity Group restated a “buy” rating and set a GBX 300 target price on shares of Funding Circle in a report on Tuesday, July 21st. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Funding Circle currently has a consensus rating of “Buy” and an average price target of GBX 295.

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Funding Circle Price Performance

Shares of FCH opened at GBX 250 on Friday. The stock has a market capitalization of £707.93 million, a P/E ratio of 17.86 and a beta of 0.75. Funding Circle has a twelve month low of GBX 113.20 and a twelve month high of GBX 252. The company has a 50 day moving average of GBX 182.89 and a 200-day moving average of GBX 158.18. 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 Buying and Selling

In related news, insider Tony Nicol acquired 1,314 shares of the business’s stock in a transaction dated Monday, May 18th. The stock was bought at an average price of GBX 137 per share, with a total value of £1,800.18. Also, insider Lisa Jacobs acquired 1,315 shares of the business’s stock in a transaction dated Monday, May 18th. The stock was bought at an average cost of GBX 137 per share, with a total value of £1,801.55. Corporate insiders own 1.18% of the company’s stock.

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