Plus500 Given Buy Rating at Liberum Capital (PLUS)
Plus500 (LON:PLUS)‘s stock had its “buy” rating restated by equities research analysts at Liberum Capital in a research note issued to investors on Tuesday. They currently have a GBX 750 ($12.77) price objective on the stock. Liberum Capital’s price target would suggest a potential upside of 62.36% from the company’s current price.
Shares of Plus500 (LON:PLUS) opened at 469.725 on Tuesday. Plus500 has a 52 week low of GBX 455.00 and a 52 week high of GBX 707.00. The stock has a 50-day moving average of GBX 584.8 and a 200-day moving average of GBX 482.6. The company’s market cap is £539.7 million.
PLUS has been the subject of a number of other recent research reports. Analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Plus500 in a research note on Tuesday. They now have a GBX 824 ($14.04) price target on the stock.
Plus500 Ltd., formerly Investsoft Ltd., is an Israel-based company, which develops and operates an online trading platform for retail customers to trade a contract for difference (LON:PLUS) internationally over more than 1,700 different underlying global financial instruments, comprising equities, exchange traded funds (ETF), foreign exchange, indices and commodities.
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