CMC Markets (CMCX) Sets New 52-Week High at $187.20

CMC Markets Plc (LON:CMCX) reached a new 52-week high on Friday . The stock traded as high as GBX 187.20 ($2.65) and last traded at GBX 183.40 ($2.59), with a volume of 154415 shares changing hands. The stock had previously closed at GBX 183.40 ($2.59).

Several research analysts have recently commented on CMCX shares. Peel Hunt reissued a “buy” rating and issued a GBX 210 ($2.97) target price on shares of CMC Markets in a report on Monday, January 8th. Shore Capital reissued a “hold” rating on shares of CMC Markets in a report on Thursday, January 25th. Royal Bank of Canada reissued an “outperform” rating and issued a GBX 170 ($2.40) target price on shares of CMC Markets in a report on Monday, March 5th. Numis Securities reissued a “sell” rating and issued a GBX 120 ($1.70) target price on shares of CMC Markets in a report on Monday, December 18th. Finally, Morgan Stanley reissued an “overweight” rating and issued a GBX 185 ($2.61) target price on shares of CMC Markets in a report on Wednesday, February 7th. One research analyst has rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of GBX 165 ($2.33).

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The firm has a market capitalization of $454.32 and a P/E ratio of 995.29.

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CMC Markets 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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