CMC Markets (CMCX) Given “Buy” Rating at Peel Hunt

Peel Hunt reaffirmed their buy rating on shares of CMC Markets (LON:CMCX) in a research report sent to investors on Monday. They currently have a GBX 210 ($2.85) price target on the stock.

A number of other equities research analysts have also issued reports on CMCX. Shore Capital reaffirmed a hold rating on shares of CMC Markets in a research report on Thursday, September 28th. Numis Securities reiterated a sell rating and set a GBX 100 ($1.36) price target on shares of CMC Markets in a report on Thursday, September 28th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company. The company presently has an average rating of Hold and an average target price of GBX 193 ($2.62).

Shares of CMC Markets (LON CMCX) traded down GBX 1.20 ($0.02) during trading on Monday, hitting GBX 157.60 ($2.14). The stock had a trading volume of 299,662 shares, compared to its average volume of 559,061. The firm has a market capitalization of $457.51 and a price-to-earnings ratio of 927.06. CMC Markets has a 12 month low of GBX 100.98 ($1.37) and a 12 month high of GBX 186.25 ($2.53).

The firm also recently declared a dividend, which was paid on Friday, December 22nd. Stockholders of record on Thursday, November 30th were issued a dividend of GBX 2.98 ($0.04) per share. The ex-dividend date of this dividend was Thursday, November 30th. This represents a dividend yield of 1.7%.

In other news, insider David Fineberg bought 22,000 shares of the stock in a transaction on Friday, November 24th. The shares were purchased at an average price of GBX 177 ($2.40) per share, for a total transaction of £38,940 ($52,807.16). Also, insider Grant Foley bought 190 shares of the stock in a transaction on Monday, November 6th. The stock was purchased at an average price of GBX 158 ($2.14) per share, for a total transaction of £300.20 ($407.11). Insiders have bought 33,382 shares of company stock worth $5,826,660 in the last quarter.

WARNING: This news story was posted by Community Financial News and is the property of of Community Financial News. If you are viewing this news story on another domain, it was illegally stolen and republished in violation of US & international trademark and copyright legislation. The original version of this news story can be read at https://www.com-unik.info/2018/01/09/cmc-markets-cmcx-given-buy-rating-at-peel-hunt-2.html.

CMC Markets Company Profile

CMC Markets plc is a holding company. The Company is a provider of online and mobile trading servicing both retail and institutional clients. The Company enables clients to trade over 10,000 financial instruments, including indices, commodities, foreign exchange (FX) and equities through its trading platform.

Analyst Recommendations for CMC Markets (LON:CMCX)

Receive News & Ratings for CMC Markets Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CMC Markets and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit