Plus500 (LON:PLUS)‘s stock had its “buy” rating reiterated by equities researchers at Liberum Capital in a research note issued to investors on Tuesday, ThisIsMoney.Co.Uk reports.
A number of other brokerages have also recently commented on PLUS. Peel Hunt reaffirmed a “reduce” rating and set a GBX 526 ($6.87) price target on shares of Plus500 in a research report on Friday, June 28th. Peel Hunt reaffirmed a “reduce” rating and set a GBX 600 ($7.84) price target (up previously from GBX 526 ($6.87)) on shares of Plus500 in a research report on Monday. Three research analysts have rated the stock with a sell rating, one has given a hold rating and one has issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of GBX 703.20 ($9.19).
Shares of PLUS opened at GBX 660.60 ($8.63) on Tuesday. The stock’s 50-day moving average price is GBX 608.11. Plus500 has a one year low of GBX 399.70 ($5.22) and a one year high of GBX 2,064 ($26.97). The firm has a market cap of $748.39 million and a PE ratio of 1.98.
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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