Libertas Partners reiterated their buy rating on shares of Plus500 (LON:PLUS) in a research note issued to investors on Wednesday morning. The brokerage currently has a GBX 1,232 ($17.27) price objective on the stock.

Other analysts have also issued reports about the stock. Liberum Capital reissued a buy rating and set a GBX 1,232 ($17.27) target price on shares of Plus500 in a research note on Wednesday. Berenberg Bank increased their target price on shares of Plus500 from GBX 1,130 ($15.84) to GBX 1,200 ($16.83) and gave the company a buy rating in a research note on Wednesday, January 3rd.

Shares of Plus500 (LON PLUS) opened at GBX 1,110 ($15.56) on Wednesday. Plus500 has a one year low of GBX 413.19 ($5.79) and a one year high of GBX 1,220 ($17.11). The company has a market cap of $1,230.00 and a P/E ratio of 1,088.24.

In other news, insider Daniel Joseph King purchased 5,323 shares of the business’s stock in a transaction dated Tuesday, November 14th. The shares were acquired at an average price of GBX 939 ($13.17) per share, for a total transaction of £49,982.97 ($70,082.68).

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Plus500 Company Profile

Plus500 Ltd is an Israel-based online provider of Contracts for Difference (CFDs). The Company develops and operates an online trading platform for retail customers to trade CFDs internationally over more than 2,200 different underlying global financial instruments comprising equities, indices, commodities, options, exchange-traded funds (ETFs) and foreign exchange.

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