Plus500 (LON:PLUS) Given “Hold” Rating at Peel Hunt

Plus500 (LON:PLUS)‘s stock had its “hold” rating reissued by investment analysts at Peel Hunt in a report released on Monday,London Stock Exchange reports. They currently have a GBX 3,400 price objective on the stock. Peel Hunt’s price objective would indicate a potential downside of 19.01% from the company’s previous close.

Separately, Jefferies Financial Group reissued a “buy” rating and issued a GBX 5,100 target price on shares of Plus500 in a report on Tuesday, June 23rd. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, Plus500 currently has an average rating of “Moderate Buy” and a consensus target price of GBX 4,083.33.

Plus500 Stock Performance

Shares of Plus500 stock traded down GBX 713.35 on Monday, hitting GBX 4,198. The stock had a trading volume of 470,318 shares, compared to its average volume of 1,777,318. Plus500 has a 52-week low of GBX 2,874 and a 52-week high of GBX 5,535. The company has a current ratio of 299.59, a quick ratio of 3.89 and a debt-to-equity ratio of 3.94. The stock has a market cap of £2.91 billion, a price-to-earnings ratio of 11.08, a P/E/G ratio of 0.24 and a beta of 0.36. The company’s 50 day moving average price is GBX 4,688.22 and its 200 day moving average price is GBX 4,348.46.

About Plus500

Plus500 Ltd., a fintech company, operates technology-based trading platforms in Europe, the United Kingdom, Australia, and internationally. The company develops and operates an online trading platform, including over the counter (OTC) products comprising the contracts for difference (CFDs) sector enabling its international customer base of individual customers to trade CFDs on underlying financial instruments comprising shares, indices, commodities, options, ETFs, foreign exchange, and cryptocurrencies internationally.