Frontier Developments (OTC:FRRDF) Rating Lowered to Hold at Berenberg Bank

Frontier Developments (OTC:FRRDFGet Rating) was downgraded by equities researchers at Berenberg Bank from a “buy” rating to a “hold” rating in a report issued on Wednesday, The Fly reports.

Separately, Citigroup downgraded shares of Frontier Developments from a “buy” rating to a “neutral” rating in a research note on Wednesday.

Frontier Developments Price Performance

FRRDF opened at $32.50 on Wednesday. Frontier Developments has a twelve month low of $11.50 and a twelve month high of $11.50. The firm has a 50 day moving average price of $32.50 and a 200-day moving average price of $32.50.

About Frontier Developments

(Get Rating)

Frontier Developments Plc engages in the development of videogames. The company was founded by David John Braben on January 28, 1994 and is headquartered in Cambridge, the United Kingdom.

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