Plus500 (LON:PLUS) Given “Hold” Rating at Peel Hunt

Plus500 (LON:PLUS)‘s stock had its “hold” rating reaffirmed by stock analysts at Peel Hunt in a report released on Monday,Digital Look reports. They presently have a GBX 3,400 price objective on the stock. Peel Hunt’s target price indicates a potential downside of 14.49% from the stock’s current price.

Separately, Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 5,350 price target on shares of Plus500 in a research note on Monday. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of GBX 4,166.67.

Plus500 Stock Up 5.9%

LON PLUS opened at GBX 3,976 on Monday. The stock has a fifty day moving average of GBX 4,496.90 and a 200-day moving average of GBX 4,396.37. The stock has a market capitalization of £2.74 billion, a P/E ratio of 10.49, a price-to-earnings-growth ratio of 0.24 and a beta of 0.36. Plus500 has a 52 week low of GBX 2,874 and a 52 week high of GBX 5,535. The company has a debt-to-equity ratio of 3.94, a quick ratio of 3.89 and a current ratio of 299.59.

Plus500 Company Profile

Plus500 Ltd., a fintech company, operates technology-based trading platforms in Europe, the United Kingdom, Australia, and internationally. The company develops and operates an online trading platform, including over the counter (OTC) products comprising the contracts for difference (CFDs) sector enabling its international customer base of individual customers to trade CFDs on underlying financial instruments comprising shares, indices, commodities, options, ETFs, foreign exchange, and cryptocurrencies internationally.