CMC Markets Plc (CMCX) Given Consensus Recommendation of “Hold” by Brokerages

Shares of CMC Markets Plc (LON:CMCX) have received an average rating of “Hold” from the six brokerages that are currently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is GBX 193 ($2.62).

Several brokerages have weighed in on CMCX. Numis Securities reiterated a “sell” rating and issued a GBX 110 ($1.49) price objective on shares of CMC Markets in a research note on Thursday, November 23rd. Peel Hunt reiterated a “buy” rating and issued a GBX 210 ($2.85) price objective on shares of CMC Markets in a research note on Monday, December 18th. Finally, Shore Capital reiterated a “hold” rating on shares of CMC Markets in a research note on Thursday, November 23rd.

Shares of CMC Markets (LON CMCX) opened at GBX 156 ($2.12) on Monday. CMC Markets has a 12 month low of GBX 100.98 ($1.37) and a 12 month high of GBX 186.25 ($2.53). The firm has a market cap of $449.44 and a PE ratio of 917.65.

In other news, insider David Fineberg bought 22,000 shares of the company’s stock in a transaction dated Friday, November 24th. The stock was bought at an average cost of GBX 177 ($2.40) per share, for a total transaction of £38,940 ($52,807.16). Also, insider Grant Foley bought 190 shares of the company’s stock in a transaction dated Monday, November 6th. The stock was purchased at an average price of GBX 158 ($2.14) per share, with a total value of £300.20 ($407.11). Insiders bought a total of 33,382 shares of company stock valued at $5,826,660 over the last 90 days.

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About CMC Markets

CMC Markets plc is a holding company. The Company is a provider of online and mobile trading servicing both retail and institutional clients. The Company enables clients to trade over 10,000 financial instruments, including indices, commodities, foreign exchange (FX) and equities through its trading platform.

Analyst Recommendations for CMC Markets (LON:CMCX)

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