Funding Circle (LON:FCH) Stock Price Expected to Rise, Canaccord Genuity Group Analyst Says

Funding Circle (LON:FCHGet Free Report) had its price objective upped by investment analysts at Canaccord Genuity Group from GBX 300 to GBX 308 in a note issued to investors on Wednesday, Digital Look reports. The firm currently has a “buy” rating on the stock. Canaccord Genuity Group’s target price indicates a potential upside of 55.40% from the stock’s current price.

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

Check Out Our Latest Stock Analysis on Funding Circle

Funding Circle Trading Down 5.6%

Shares of FCH stock opened at GBX 198.20 on Wednesday. The stock has a market cap of £561.12 million, a P/E ratio of 14.16 and a beta of 0.76. Funding Circle has a 1 year low of GBX 113.20 and a 1 year high of GBX 252. The company has a current ratio of 1.70, a quick ratio of 3.33 and a debt-to-equity ratio of 119.79. The stock has a 50 day simple moving average of GBX 214.90 and a 200 day simple moving average of GBX 167.33.

Funding Circle (LON:FCHGet Free Report) last posted its quarterly earnings data on Tuesday, September 8th. The company reported GBX 7.60 EPS for the quarter. Funding Circle had a return on equity of 21.54% and a net margin of 20.67%. On average, research analysts predict that Funding Circle will post 0.0797592 earnings per share for the current fiscal year.

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