Peel Hunt reissued their buy rating on shares of CMC Markets (LON:CMCX) in a report issued on Thursday.

Several other equities analysts have also issued reports on the company. Shore Capital cut their price target on CMC Markets from GBX 230 ($3.01) to GBX 200 ($2.61) and set a buy rating on the stock in a research note on Thursday. Goldman Sachs Group cut their price target on CMC Markets from GBX 175 ($2.29) to GBX 140 ($1.83) and set a neutral rating on the stock in a research note on Tuesday, November 20th. Morgan Stanley cut their price target on CMC Markets from GBX 197 ($2.57) to GBX 145 ($1.89) and set an equal weight rating on the stock in a research note on Thursday, September 27th. Finally, Numis Securities raised CMC Markets to a hold rating and set a GBX 145 ($1.89) price target on the stock in a research note on Wednesday, September 26th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company has an average rating of Buy and a consensus price target of GBX 166.67 ($2.18).

Shares of CMCX opened at GBX 115.60 ($1.51) on Thursday. CMC Markets has a 12-month low of GBX 109.50 ($1.43) and a 12-month high of GBX 186.25 ($2.43).

CMC Markets (LON:CMCX) last issued its quarterly earnings results on Thursday, November 22nd. The company reported GBX 2.70 ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of GBX 4.30 ($0.06) by GBX (1.60) (($0.02)).

The company also recently declared a dividend, which will be paid on Friday, December 21st. Stockholders of record on Thursday, November 29th will be paid a dividend of GBX 1.35 ($0.02) per share. This represents a dividend yield of 1.18%. The ex-dividend date of this dividend is Thursday, November 29th.

In related news, insider David Fineberg bought 178 shares of the business’s stock in a transaction on Wednesday, September 5th. The shares were purchased at an average price of GBX 168 ($2.20) per share, with a total value of £299.04 ($390.75).

CMC Markets Company Profile

CMC Markets plc and its subsidiaries provide online retail financial services in the United Kingdom and internationally. It operates in three segments: UK and Ireland, Europe, and Australia, New Zealand and Singapore (APAC) and Canada. The company provides its clients with the ability to trade contracts for difference and financial spread betting on a range of underlying shares, indices, foreign currencies, commodities, and treasuries through its trading platform.

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Analyst Recommendations for CMC Markets (LON:CMCX)

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