Plus500 (LON:PLUS) Receives “Buy” Rating from Jefferies Financial Group

Plus500 (LON:PLUS)‘s stock had its “buy” rating reaffirmed by analysts at Jefferies Financial Group in a research report issued on Monday,London Stock Exchange reports. They currently have a GBX 5,350 target price on the stock. Jefferies Financial Group’s target price indicates a potential upside of 34.22% from the company’s previous close.

Separately, Peel Hunt restated a “hold” rating and issued a GBX 3,400 target price on shares of Plus500 in a research report on Monday, July 13th. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of GBX 4,166.67.

Plus500 Stock Performance

Shares of LON PLUS opened at GBX 3,986 on Monday. 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 50 day simple moving average of GBX 4,496.90 and a 200-day simple moving average of GBX 4,396.37. The company has a market cap of £2.75 billion, a PE ratio of 10.52, a P/E/G ratio of 0.24 and a beta of 0.36. Plus500 has a 12-month low of GBX 2,874 and a 12-month high of GBX 5,535.

Plus500 Company Profile

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.