Plus500’s (PLUS) “Buy” Rating Reaffirmed at Jefferies Financial Group

Plus500 (LON:PLUS)‘s stock had its “buy” rating reissued by research analysts at Jefferies Financial Group in a research report issued to clients and investors on Wednesday, October 14th, Digital Look reports. They presently have a GBX 4,720 price objective on the stock. Jefferies Financial Group’s price objective would suggest a potential upside of 43.20% from the company’s previous close.

Separately, Peel Hunt reaffirmed a “hold” rating and set a GBX 3,400 target price on shares of Plus500 in a research note on Monday, August 10th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 3,956.67.

Plus500 Trading Down 1.0%

Shares of LON:PLUS traded down GBX 32 during midday trading on Wednesday, reaching GBX 3,296. The company’s stock had a trading volume of 98,759 shares, compared to its average volume of 1,228,499. The firm has a market capitalization of £2.34 billion, a price-to-earnings ratio of 8.45, a PEG ratio of 0.24 and a beta of 0.34. The company has a debt-to-equity ratio of 3.96, a quick ratio of 3.89 and a current ratio of 281.76. The firm has a 50 day moving average price of GBX 3,534.09 and a two-hundred day moving average price of GBX 4,130.34. Plus500 has a fifty-two week low of GBX 2,874 and a fifty-two week high of GBX 5,535.

Insider Activity at Plus500

In other Plus500 news, insider Tami Gottlieb bought 537 shares of the stock in a transaction that occurred on Wednesday, August 12th. The shares were bought at an average price of GBX 3,736 per share, for a total transaction of £20,062.32. 49.62% of the stock is currently owned by insiders.

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.