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Equities research analysts at Beaufort Securities began coverage on shares of Plus500 (LON:PLUS) in a research note issued to investors on Thursday, American Banking reports. The firm set a “speculative buy” rating on the stock.

Shares of Plus500 (LON:PLUS) traded up 0.38% during mid-day trading on Thursday, hitting GBX 465.78. The stock had a trading volume of 832,591 shares. Plus500 has a 1-year low of GBX 115.00 and a 1-year high of GBX 476.00. The stock’s 50-day moving average is GBX 325.5 and its 200-day moving average is GBX 221.9. The company’s market cap is £535.1 million.

Other equities research analysts have also recently issued reports about the stock. Analysts at Liberum Capital reiterated a “buy” rating on shares of Plus500 in a research note on Wednesday. They now have a GBX 500 ($8.38) price target on the stock.

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