Funding Circle (LON:FCH) Given New GBX 315 Price Target at Canaccord Genuity Group

Funding Circle (LON:FCH) had its target price lifted by equities researchers at Canaccord Genuity Group from GBX 308 to GBX 315 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 28.31% from the company’s previous close.

Separately, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 290 price objective on shares of Funding Circle in a report on Wednesday, September 9th. Three equities research analysts have rated the stock with a Buy rating. According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of GBX 302.50.

Funding Circle Price Performance

Shares of FCH opened at GBX 245.50 on Wednesday. The firm has a market capitalization of £685.79 million, a PE ratio of 12.46 and a beta of 0.82. The company’s 50-day moving average is GBX 198.86 and its 200-day moving average is GBX 173.34. Funding Circle has a fifty-two week low of GBX 113.20 and a fifty-two week high of GBX 252. The company has a debt-to-equity ratio of 105.33, a current ratio of 1.87 and a quick ratio of 3.33.

Funding Circle (LON:FCH) last announced its earnings results on Tuesday, September 8th. The company reported GBX 7.60 EPS for the quarter. Funding Circle had a net margin of 22.93% and a return on equity of 26.71%. Equities analysts forecast that Funding Circle will post 0.08 EPS for the current year.

Insider Activity at Funding Circle

In other Funding Circle news, insider Tony Nicol purchased 5,289 shares of the stock in a transaction that occurred on Friday, September 18th. The shares were acquired at an average cost of GBX 188 per share, with a total value of £9,943.32. Company insiders own 1.19% of the company’s stock.

Funding Circle Company Profile

Funding Circle (LSE: FCH) is the UK’s leading SME finance platform. Since 2010, we have extended more than £18bn in credit to over 135,000 UK businesses, helping them power the economy and their communities. By combining proprietary AI-powered credit models with a human touch, we provide a seamless experience that allows SMEs to borrow, pay later, and spend through a single ecosystem. For institutional investors, Funding Circle offers access to an attractive, underserved asset class through a platform built on deep data and a proven track record of robust returns.