Plus500 (PLUS) Earns “Buy” Rating from Liberum Capital

Plus500 (LON:PLUS)‘s stock had its “buy” rating reiterated by stock analysts at Liberum Capital in a research report issued on Wednesday. They presently have a GBX 1,232 ($17.27) target price on the stock. Liberum Capital’s price target indicates a potential upside of 14.71% from the company’s previous close.

Separately, Berenberg Bank raised their price target on Plus500 from GBX 1,130 ($15.84) to GBX 1,200 ($16.83) and gave the company a “buy” rating in a report on Wednesday, January 3rd.

Plus500 (LON:PLUS) opened at GBX 1,074 ($15.06) on Wednesday. The firm has a market capitalization of $1,230.00 and a P/E ratio of 1,052.94. Plus500 has a 1-year low of GBX 413.19 ($5.79) and a 1-year high of GBX 1,220 ($17.11).

In other news, insider Daniel Joseph King purchased 5,323 shares of the business’s stock in a transaction on Tuesday, November 14th. The stock was acquired at an average price of GBX 939 ($13.17) per share, for a total transaction of £49,982.97 ($70,082.68).

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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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