CMC Markets Plc (LON:CMCX) Given “Hold” Rating at Shore Capital
Several other equities research analysts have also recently issued reports on CMCX. Numis Securities Ltd restated a sell rating and issued a GBX 100 ($1.30) target price on shares of CMC Markets Plc in a report on Thursday, March 30th. Morgan Stanley reiterated an equal weight rating and set a GBX 140 ($1.82) price target on shares of CMC Markets Plc in a research note on Thursday, April 13th. Finally, Goldman Sachs Group, Inc. (The) reiterated a neutral rating and set a GBX 140 ($1.82) price target on shares of CMC Markets Plc in a research note on Friday, June 30th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company. The stock presently has a consensus rating of Hold and a consensus target price of GBX 173.75 ($2.26).
Shares of CMC Markets Plc (LON CMCX) opened at 159.75 on Thursday. The company’s market cap is GBX 459.26 million. CMC Markets Plc has a 12-month low of GBX 90.95 and a 12-month high of GBX 293.60. The company has a 50 day moving average of GBX 146.66 and a 200-day moving average of GBX 128.31.
The firm also recently declared a dividend, which will be paid on Friday, August 25th. Stockholders of record on Thursday, August 3rd will be paid a dividend of GBX 5.95 ($0.08) per share. This represents a dividend yield of 4.43%. The ex-dividend date is Thursday, August 3rd. This is a boost from CMC Markets Plc’s previous dividend of $2.98.
In other CMC Markets Plc news, insider Grant Foley purchased 242 shares of the company’s stock in a transaction dated Friday, May 5th. The shares were acquired at an average price of GBX 124 ($1.62) per share, for a total transaction of £300.08 ($390.93). Also, insider David Fineberg purchased 206 shares of the company’s stock in a transaction dated Wednesday, July 5th. The shares were acquired at an average price of GBX 146 ($1.90) per share, for a total transaction of £300.76 ($391.82). Insiders have bought a total of 682 shares of company stock worth $90,036 in the last quarter.
CMC Markets Plc Company Profile
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.
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