Separately, Berenberg Bank boosted their target price on Plus500 from GBX 1,130 ($15.32) to GBX 1,200 ($16.27) and gave the company a buy rating in a research note on Wednesday, January 3rd.
Shares of Plus500 (LON PLUS) traded down GBX 4 ($0.05) during midday trading on Wednesday, reaching GBX 1,039 ($14.09). The company’s stock had a trading volume of 588,890 shares, compared to its average volume of 734,054. Plus500 has a 1 year low of GBX 381 ($5.17) and a 1 year high of GBX 1,220 ($16.54). The stock has a market capitalization of $1,180.00 and a P/E ratio of 989.52.
Plus500 Company Profile
Plus500 Ltd is an Israel-based online provider of Contracts for Difference (CFDs). The Company develops and operates an online trading platform for retail customers to trade CFDs internationally over more than 2,200 different underlying global financial instruments comprising equities, indices, commodities, options, exchange-traded funds (ETFs) and foreign exchange.
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