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Findel Receives “Buy” Rating from Oriel Securities Ltd (FDL)

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Findel logoFindel (LON:FDL)‘s stock had its “buy” rating reaffirmed by investment analysts at Oriel Securities Ltd in a note issued to investors on Wednesday, Analyst Ratings.Net reports. They currently have a GBX 260 ($3.97) price objective on the stock. Oriel Securities Ltd’s target price points to a potential upside of 50.29% from the company’s current price.

A number of other firms have also recently commented on FDL. Analysts at JP Morgan Cazenove reiterated an “underweight” rating on shares of Findel in a research note to investors on Monday, July 15th. They now have a GBX 144 ($2.20) price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated an “underweight” rating on shares of Findel in a research note to investors on Friday, July 12th. They now have a GBX 144 ($2.20) price target on the stock. Finally, analysts at N+1 Singer reiterated a “corporate” rating on shares of Findel in a research note to investors on Tuesday, June 11th.

Two investment analysts have rated the stock with a sell rating, one has given a hold rating and two have issued a buy rating to the company’s stock. Findel currently has a consensus rating of “Hold” and a consensus price target of GBX 176.99 ($2.70).

Shares of Findel (LON: FDL) opened at 191.50 on Wednesday. Findel has a 52 week low of GBX 51.00 and a 52 week high of GBX 187.18. The stock’s 50-day moving average is currently GBX 6.23. The company’s market cap is £162.4 million.

Findel plc, along with its subsidiaries, is principally engaged in home shopping and education supplies sales through mail order catalogues and the Internet and the provision of outsourced healthcare services.


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