Plus500’s (PLUS) “Hold” Rating Reiterated at Peel Hunt

Plus500 (LON:PLUS – Get Free Report)‘s stock had its “hold” rating reissued by equities researchers at Peel Hunt in a research note issued on Monday,London Stock Exchange reports. They presently have a GBX 3,400 target price on the stock. Peel Hunt’s price objective points to a potential downside of 19.01% from the company’s previous close.

Separately, Jefferies Financial Group reissued a “buy” rating and set a GBX 5,100 price objective on shares of Plus500 in a research note on Tuesday, June 23rd. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of GBX 4,083.33.

Get Plus500 alerts:

Read Our Latest Stock Analysis on PLUS

Plus500 Trading Down 14.5%

Shares of LON:PLUS traded down GBX 713.35 during midday trading on Monday, reaching GBX 4,198. The company’s stock had a trading volume of 470,318 shares, compared to its average volume of 1,777,318. The firm has a market cap of £2.91 billion, a price-to-earnings ratio of 11.08, a price-to-earnings-growth ratio of 0.24 and a beta of 0.36. The business has a 50 day moving average price of GBX 4,688.22 and a 200 day moving average price of GBX 4,348.46. Plus500 has a 1 year low of GBX 2,874 and a 1 year high of GBX 5,535. The company has a quick ratio of 3.89, a current ratio of 299.59 and a debt-to-equity ratio of 3.94.

About Plus500

(Get Free Report)

Plus500 Ltd., a fintech company, operates technology-based trading platforms in Europe, the United Kingdom, Australia, and internationally. The company develops and operates an online trading platform, including over the counter (OTC) products comprising the contracts for difference (CFDs) sector enabling its international customer base of individual customers to trade CFDs on underlying financial instruments comprising shares, indices, commodities, options, ETFs, foreign exchange, and cryptocurrencies internationally.

Further Reading

• Five stocks we like better than Plus500
• AMD’s 5C Deal Positions It as a Direct NVIDIA Rival
• AST SpaceMobile’s Next Launches Could Decide Whether Its Rally Regains Orbit
• 3 Dividend Stocks with Growth on Tap for the Second Half
• 3 Overlooked Stocks Positioned for the Next Market Rotation

Receive News & Ratings for Plus500 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Plus500 and related companies with MarketBeat.com's FREE daily email newsletter.