Liberum Capital reissued their buy rating on shares of Plus500 (LON:PLUS) in a research report released on Monday, ThisIsMoney.Co.Uk reports.
A number of other research analysts have also commented on PLUS. Peel Hunt raised MJ Gleeson to a hold rating and increased their price objective for the company from GBX 715 ($9.34) to GBX 745 ($9.73) in a report on Thursday, July 4th. Berenberg Bank raised Eutelsat Communications to a buy rating and set a $19.00 price objective on the stock in a report on Friday, April 12th. Finally, Peel Hunt reissued a reduce rating and set a GBX 526 ($6.87) price objective on shares of Plus500 in a report on Friday, June 28th. Three analysts have rated the stock with a sell rating, one has issued a hold rating and one has given a buy rating to the company’s stock. The company currently has a consensus rating of Hold and a consensus target price of GBX 673.60 ($8.80).
Shares of LON PLUS opened at GBX 643.49 ($8.41) on Monday. The firm has a market cap of $729.01 million and a price-to-earnings ratio of 1.93. The firm’s 50-day moving average is GBX 602.95. Plus500 has a 52 week low of GBX 399.70 ($5.22) and a 52 week high of GBX 2,076 ($27.13).
Plus500 Company Profile
Plus500 Ltd. develops and operates an online trading platform for individual customers to trade contracts for difference (CFDs). Its platform allows its customers to trade CFDs over approximately 2,200 financial instruments, such as equities, indices, commodities, options, exchange-traded funds, cryptocurrencies, and foreign exchange in approximately 50 countries in 32 languages.
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