Plus500 (PLUS) Given New GBX 2,800 Price Target at Liberum Capital
Plus500 (LON:PLUS) had its price objective raised by Liberum Capital from GBX 2,491 ($31.84) to GBX 2,800 ($35.79) in a research note published on Friday morning. The firm currently has a buy rating on the stock.
Separately, Berenberg Bank raised their price target on shares of Plus500 from GBX 1,880 ($24.03) to GBX 2,690 ($34.39) and gave the company a buy rating in a report on Monday, August 13th.
Shares of PLUS stock opened at GBX 1,498 ($19.15) on Friday. Plus500 has a 1-year low of GBX 414.79 ($5.30) and a 1-year high of GBX 1,324 ($16.92).
In related news, insider Michael (Mark) Charles Fairbairn sold 7,500 shares of the firm’s stock in a transaction that occurred on Wednesday, August 15th. The shares were sold at an average price of GBX 1,803 ($23.05), for a total value of £135,225 ($172,855.68). Also, insider Daniel Joseph King acquired 3,029 shares of the stock in a transaction on Wednesday, August 22nd. The stock was purchased at an average cost of GBX 1,650 ($21.09) per share, with a total value of £49,978.50 ($63,886.62).
Plus500 Company Profile
Plus500 Ltd. develops and operates an online trading platform for individual customers to trade contracts for difference (CFDs). Its platform allows its customers to trade CFDs over approximately 2,200 financial instruments, such as equities, indices, commodities, options, exchange-traded funds, cryptocurrencies, and foreign exchange in approximately 50 countries in 32 languages.
Read More: Find a Trading Strategy That Works
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