First Derivatives reports full year results on 17 May and we expect no surprises following the positive trading update released on 4 April. We have revisited valuation ahead of this and been more generous with the assumptions used in the SOTP and peer-based earnings components of our methodology. This increases our Target Price from 1950p to 2051p. The strategic partnership signed with Thomson Reuters post the year-end further highlights the strength of the Kx technology offering and FD’s abilit ....
12 May 2016
No surprises expected from full year results on 17 May
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No surprises expected from full year results on 17 May
FD Technologies PLC (FDP:LON) | 1,168 46.7 0.3% | Mkt Cap: 328.2m
- Published:
12 May 2016 -
Author:
N+1 Singer Team -
Pages:
3
First Derivatives reports full year results on 17 May and we expect no surprises following the positive trading update released on 4 April. We have revisited valuation ahead of this and been more generous with the assumptions used in the SOTP and peer-based earnings components of our methodology. This increases our Target Price from 1950p to 2051p. The strategic partnership signed with Thomson Reuters post the year-end further highlights the strength of the Kx technology offering and FD’s abilit ....