Plus500’s (PLUS) “Buy” Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group reiterated their buy rating on shares of Plus500 (LON:PLUS) in a research report report published on Wednesday,Digital Look reports. They currently have a GBX 4,720 price objective on the stock.

Separately, Peel Hunt reaffirmed a “hold” rating and set a GBX 3,400 price objective on shares of Plus500 in a report on Monday, August 10th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, Plus500 currently has a consensus rating of “Moderate Buy” and an average target price of GBX 3,956.67.

Plus500 Stock Performance

LON:PLUS opened at GBX 3,376 on Wednesday. Plus500 has a 12-month low of GBX 2,874 and a 12-month high of GBX 5,535. The company has a quick ratio of 3.89, a current ratio of 281.76 and a debt-to-equity ratio of 3.96. The firm has a market capitalization of £2.39 billion, a PE ratio of 8.66, a price-to-earnings-growth ratio of 0.24 and a beta of 0.34. The firm has a 50-day moving average price of GBX 3,553.85 and a 200 day moving average price of GBX 4,140.41.

Insider Activity

In other Plus500 news, insider Tami Gottlieb acquired 537 shares of the business’s stock in a transaction on Wednesday, August 12th. The stock was purchased at an average price of GBX 3,736 per share, for a total transaction of £20,062.32. Company insiders own 49.62% of the company’s stock.

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.