Plus500’s (PLUS) Buy Rating Reaffirmed at Jefferies Financial Group

Plus500 (LON:PLUS – Get Free Report)‘s stock had its “buy” rating reissued by Jefferies Financial Group in a report released on Monday,London Stock Exchange reports. They presently have a GBX 5,350 target price on the stock. Jefferies Financial Group’s price objective would indicate a potential upside of 34.22% from the company’s current price.

Separately, Peel Hunt reiterated a “hold” rating and issued a GBX 3,400 price target on shares of Plus500 in a research report on Monday, July 13th. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of GBX 4,166.67.

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Plus500 Trading Up 6.1%

Shares of Plus500 stock opened at GBX 3,986 on Monday. The company has a quick ratio of 3.89, a current ratio of 299.59 and a debt-to-equity ratio of 3.94. The firm has a market cap of £2.75 billion, a price-to-earnings ratio of 10.52, a price-to-earnings-growth ratio of 0.24 and a beta of 0.36. The business has a fifty day simple moving average of GBX 4,496.90 and a 200-day simple moving average of GBX 4,396.37. Plus500 has a fifty-two week low of GBX 2,874 and a fifty-two week high of GBX 5,535.

About Plus500

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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.

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