Plus500’s (PLUS) Buy Rating Reaffirmed at Liberum Capital

Liberum Capital restated their buy rating on shares of Plus500 (LON:PLUS) in a report published on Monday, ThisIsMoney.Co.Uk reports.

Several other research firms also recently commented on PLUS. Peel Hunt reissued a reduce rating and set a GBX 526 ($6.87) price objective on shares of Plus500 in a report on Friday, June 28th. Peel Hunt raised shares of MJ Gleeson to a hold rating and increased their price objective for the company from GBX 715 ($9.34) to GBX 745 ($9.73) in a report on Thursday, July 4th. Finally, Berenberg Bank raised shares of Eutelsat Communications to a buy rating and set a $19.00 price objective for the company in a report on Friday, April 12th. Three analysts have rated the stock with a sell rating, one has issued a hold rating and one has given a buy rating to the company. The stock currently has a consensus rating of Hold and an average target price of GBX 673.60 ($8.80).

Shares of PLUS stock opened at GBX 669 ($8.74) on Monday. Plus500 has a 52-week low of GBX 399.70 ($5.22) and a 52-week high of GBX 2,076 ($27.13). The stock has a market cap of $757.91 million and a price-to-earnings ratio of 2.01. The business has a fifty 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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Analyst Recommendations for Plus500 (LON:PLUS)

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