Berenberg downgrades FD Technologies to 'sell', slashes target price

12th Jan 2022 12:29

(Sharecast News) - Analyst at Berenberg downgraded FD Technologies from 'hold' to 'sell' on Wednesday and cut its target price on the stock from 2,200.0p to 1,600.0p, citing "misplaced optimism".

Read more

FD Technologies swings to loss as it works on growth

2nd Nov 2021 12:46

(Sharecast News) - FD Technologies reported a 7% improvement in revenue in its first half on Tuesday, to £128m, as its gross profit also grew by 7% to £51.7m.

Read more

First Derivatives to accelerate strategy as earnings slide

18th May 2021 10:33

(Sharecast News) - First Derivatives reported revenue of £237.9m in its full-year results on Tuesday, broadly in line with the £237.8m it recorded in the prior financial year.

Read more

First Derivatives selling down stake in Quantile Technologies

23rd Feb 2021 11:51

(Sharecast News) - First Derivatives has agreed to sell part of its investment in Quantile Technologies to growth equity company Spectrum Equity, it announced on Tuesday.

Read more

Google's Alan Coad joins First Derivatives software business

20th Jul 2020 13:09

(Sharecast News) - First Derivatives announced the appointment of Alan Coad as the chief revenue officer for its analytics software business Kx on Monday.

Read more

First Derivatives posts 6% rise in revenues despite Covid-19 crisis

8th Jul 2020 08:00

(Sharecast News) - Software and consulting services company First Derivatives reported a rise in revenue for the four months to the end of June despite the coronavirus pandemic.

Read more

Thursday broker round-up

21st May 2020 13:24

(Sharecast News) - Experian: RBC Capital Markets downgrades to sector performer with a target price of 2,700p.

Read more

Berenberg lowers target price on 'expensive' First Derivatives

21st May 2020 11:31

(Sharecast News) - Analysts at Berenberg lowered their target price on consulting services firm First Derivatives from 2,750.0p to 2,200.0p on Thursday, stating the firm's underlying performance had become "worrying".

Read more

First Derivatives orders slow as it pays no dividend

19th May 2020 11:43

(Sharecast News) - First Derivatives said the Covid-19 crisis had caused a slowdown in orders as the data and analytics company opted not to pay a final dividend.

Read more

First Derivatives secures 'major' oilfields services contract

17th Feb 2020 11:19

(Sharecast News) - First Derivatives said on Monday that it has been selected by a "leading" global oilfield services company for the use of its Kx technology to provide operational intelligence for their customers' oil and gas field assets.

Read more

Thursday broker round-up

30th Jan 2020 15:04

(Sharecast News) - IG Group Holdings: Liberum Capital downgrades to hold with a target price of 695p.

Read more

First Derivatives takes ownership of Kx Systems to 100pc

18th Jun 2019 10:12

(Sharecast News) - First Derivatives has completed the acquisition of minority shareholdings in Kx Systems, in line with the terms announced on 2 July last year, it announced on Tuesday.

Read more

Wednesday broker round-up

29th May 2019 13:44

(Sharecast News) - Serco: RBC Capital Markets upgrades to outperform with a target price of 150p.

Read more

Berenberg raises target on First Derivatives, but expresses concern

29th May 2019 12:24

(Sharecast News) - Analysts at Berenberg raised their target price on consulting services firm First Derivatives from 2,100p to 2,750p on Wednesday, highlighting the group's "strong growth" despite having little cash to show for it.

Read more

First Derivatives cheers investors with upbeat outlook

21st May 2019 12:43

(Sharecast News) - Northern Ireland's First Derivatives said the current year had got off to a strong start as it reported a jump in both revenues and profits.

Read more