Jefferies Financial Group Reiterates “Buy” Rating for Plus500 (LON:PLUS)

Plus500 (LON:PLUS)‘s stock had its “buy” rating reiterated by equities research analysts at Jefferies Financial Group in a report issued on Thursday,Digital Look reports. They presently have a GBX 5,350 price target on the stock. Jefferies Financial Group’s target price would suggest a potential upside of 29.79% from the stock’s current price.

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

Plus500 Stock Performance

Shares of Plus500 stock opened at GBX 4,122 on Thursday. The business has a 50-day moving average of GBX 4,591.24 and a 200 day moving average of GBX 4,393.66. Plus500 has a 12 month low of GBX 2,874 and a 12 month high of GBX 5,535. The stock has a market capitalization of £2.86 billion, a price-to-earnings ratio of 10.88, a price-to-earnings-growth ratio of 0.24 and a beta of 0.36. The company has a debt-to-equity ratio of 3.94, a current ratio of 299.59 and a quick ratio of 3.89.

About Plus500

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.