Plus500 Given Buy Rating at Liberum Capital (PLUS)
Plus500 (LON:PLUS)‘s stock had its “buy” rating reaffirmed by equities research analysts at Liberum Capital in a research note issued to investors on Wednesday. They currently have a GBX 700 ($11.74) price objective on the stock. Liberum Capital’s target price would suggest a potential upside of 34.62% from the stock’s previous close.
A number of other firms have also recently commented on PLUS. Analysts at N+1 Singer raised their price target on shares of Plus500 from GBX 824 ($13.82) to GBX 838 ($14.06) in a research note on Tuesday. They now have a “buy” rating on the stock. Separately, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Plus500 in a research note on Tuesday. They now have a GBX 838 ($14.06) price target on the stock. Finally, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Plus500 in a research note on Tuesday, July 1st. They now have a GBX 824 ($13.82) price target on the stock.
Plus500 (LON:PLUS) opened at 517.50 on Wednesday. Plus500 has a one year low of GBX 344.67 and a one year high of GBX 707.00. The stock has a 50-day moving average of GBX 454.3 and a 200-day moving average of GBX 517.6. The company’s market cap is £594.5 million.
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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