Plus500 (LON:PLUS) Earns Hold Rating from Peel Hunt

Plus500 (LON:PLUS)‘s stock had its “hold” rating reiterated by Peel Hunt in a note issued to investors on Monday,Digital Look reports. They presently have a GBX 3,400 price objective on the stock. Peel Hunt’s price target would indicate a potential downside of 14.49% from the stock’s current price.

Separately, Jefferies Financial Group reissued a “buy” rating and issued a GBX 5,350 target price on shares of Plus500 in a research note on Monday. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, Plus500 currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 4,166.67.

Plus500 Stock Up 5.9%

LON:PLUS opened at GBX 3,976 on Monday. The firm has a market capitalization of £2.74 billion, a price-to-earnings ratio of 10.49, a price-to-earnings-growth ratio of 0.24 and a beta of 0.36. Plus500 has a twelve month low of GBX 2,874 and a twelve month high of GBX 5,535. The stock’s 50 day moving average price is GBX 4,496.90 and its two-hundred day moving average price is GBX 4,396.37. The company has a quick ratio of 3.89, a current ratio of 299.59 and a debt-to-equity ratio of 3.94.

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.