Liberum Capital reiterated their buy rating on shares of Plus500 (LON:PLUS) in a report released on Monday, ThisIsMoney.Co.Uk reports.
Several other equities analysts have also recently issued reports on the company. Peel Hunt reaffirmed a reduce rating and issued a GBX 526 ($6.87) price objective on shares of Plus500 in a research report on Friday, June 28th. Berenberg Bank raised Eutelsat Communications to a buy rating and set a $19.00 price objective on the stock in a research report on Friday, April 12th. Finally, Peel Hunt raised MJ Gleeson to a hold rating and upped their price objective for the company from GBX 715 ($9.34) to GBX 745 ($9.73) in a research report on Thursday, July 4th. Three investment 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 an average rating of Hold and an average price target of GBX 673.60 ($8.80).
PLUS stock opened at GBX 669 ($8.74) on Monday. The company has a market cap of $757.91 million and a PE ratio of 2.01. Plus500 has a 12-month low of GBX 399.70 ($5.22) and a 12-month high of GBX 2,076 ($27.13). The company has a 50 day simple moving average of GBX 603.62.
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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