Funding Circle’s (FCH) “Buy” Rating Reaffirmed at Deutsche Bank Aktiengesellschaft

Funding Circle (LON:FCH)‘s stock had its “buy” rating reissued by equities research analysts at Deutsche Bank Aktiengesellschaft in a note issued to investors on Wednesday, Digital Look reports. They currently have a GBX 290 target price on the stock. Deutsche Bank Aktiengesellschaft’s price objective would suggest a potential upside of 46.32% from the company’s previous close.

Separately, Canaccord Genuity Group boosted their target price on shares of Funding Circle from GBX 300 to GBX 308 and gave the company a “buy” rating in a research report on Wednesday. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has an average rating of “Buy” and an average target price of GBX 299.

Funding Circle Trading Down 5.6%

Shares of FCH stock opened at GBX 198.20 on Wednesday. The company has a market cap of £561.12 million, a P/E ratio of 14.16 and a beta of 0.76. The stock has a 50 day simple moving average of GBX 214.90 and a two-hundred day simple moving average of GBX 167.33. The company has a debt-to-equity ratio of 119.79, a quick ratio of 3.33 and a current ratio of 1.70. Funding Circle has a fifty-two week low of GBX 113.20 and a fifty-two week 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 21.54% and a net margin of 20.67%. Research analysts forecast that Funding Circle will post 0.0797592 earnings per share for the current year.

Funding Circle Company Profile