Plus500 (LON:PLUS) Earns Buy Rating from Jefferies Financial Group

Plus500 (LON:PLUS)‘s stock had its “buy” rating restated by analysts at Jefferies Financial Group in a research note issued to investors on Thursday,Digital Look reports. They presently have a GBX 5,350 target price on the stock. Jefferies Financial Group’s price target points to a potential upside of 29.79% from the company’s previous close.

Separately, Peel Hunt reissued a “hold” rating and set a GBX 3,400 price objective on shares of Plus500 in a research report on Monday, July 13th. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Plus500 currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 4,166.67.

Plus500 Price Performance

LON:PLUS opened at GBX 4,122 on Thursday. Plus500 has a 52 week low of GBX 2,874 and a 52 week high of GBX 5,535. The stock’s fifty day moving average is GBX 4,591.24 and its two-hundred day moving average is GBX 4,393.66. The company has a market capitalization of £2.86 billion, a P/E ratio of 10.88, a P/E/G ratio of 0.24 and a beta of 0.36. The company has a quick ratio of 3.89, a current ratio of 299.59 and a debt-to-equity ratio of 3.94.

About Plus500

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.