Latest News

Frontier IP shares are a buy for broker VSA

0

Frontier IP Group PLC’s (LON:FIPP) portfolio of 19 investments includes a number of companies at a point where they are accelerating commercial development, paving the way for a step up in valuation or a potential exit, said broker VSA Capital.

“Frontier IP has a proven record in commercialising University IP and increasing its EPS and NAV as portfolio company valuations rise,” said VSA in a note to clients on Thursday as it initiated coverage with a ‘buy’ rating.

READ: Frontier IP higher as portfolio value surges alongside profit jump

The investment company’s equity holdings are in four high growth technology clusters: artificial intelligence, robotics and big and sparse data; pathogens and cell imaging; food and agritech; and engineered particles and materials.

The year ending June 2020, saw Frontier IP’s portfolio value increase by 47% to £19.4mln.

“We believe that Frontier IP represents an excellent opportunity for investors to gain exposure to early-stage technology companies, based on leading edge IP, which meets the needs and demands of international markets,” the broker said.

Email of the day on velocity of money and inflation

Previous article

Endeavour Mining, the leading West-Africa-focused gold producer, continues to aggressively advance i

Next article

You may also like

Comments

Leave a reply

Your email address will not be published. Required fields are marked *

More in Latest News