Berenberg Bank Confirms Buy Rating for Frontier Developments (FRRDF)
Written by Emily J. Thompson, Senior Investment Analyst
Source: NASDAQ.COM
Updated: Nov 16 20250mins
Analyst Recommendation: Berenberg Bank has reiterated a Buy recommendation for Frontier Developments, with an average one-year price target of $5.95/share, indicating significant potential upside from its current price of $0.00/share.
Projected Financials: Frontier Developments is expected to generate annual revenue of $115 million, reflecting a 26.74% increase, with a projected non-GAAP EPS of 0.19.
Fund Sentiment: There are currently 15 funds reporting positions in Frontier Developments, with a slight decrease in total shares owned by institutions over the last three months, while the average portfolio weight has increased by 53.83%.
Shareholder Activity: Notable changes in shareholder positions include an increase in holdings by iShares Edge MSCI Multifactor Intl Small-Cap ETF and a significant decrease by Old Westbury Small & Mid Cap Strategies Fund.
About the author
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Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
