Plus500 Ltd (PLUS) PT Raised to GBX 1,020 at Liberum Capital
Plus500 Ltd (LON:PLUS) had its target price boosted by Liberum Capital from GBX 992 ($13.34) to GBX 1,020 ($13.72) in a research report released on Wednesday morning. Liberum Capital currently has a buy rating on the stock.
Separately, Berenberg Bank raised Plus500 to a buy rating and boosted their target price for the stock from GBX 560 ($7.53) to GBX 725 ($9.75) in a research note on Thursday, August 3rd.
Shares of Plus500 (LON:PLUS) opened at 897.00 on Wednesday. The firm has a 50-day moving average of GBX 841.12 and a 200 day moving average of GBX 590.85. Plus500 has a 52-week low of GBX 311.00 and a 52-week high of GBX 929.50. The firm’s market cap is GBX 1.03 billion.
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The firm also recently announced a dividend, which will be paid on Thursday, November 23rd. Shareholders of record on Thursday, September 7th will be paid a dividend of $0.24 per share. This represents a yield of 2.21%. The ex-dividend date is Thursday, September 7th.
Plus500 Ltd is an Israel-based online provider of Contracts for Difference (CFDs). The Company develops and operates an online trading platform for retail customers to trade CFDs internationally over more than 2,200 different underlying global financial instruments comprising equities, indices, commodities, options, exchange-traded funds (ETFs) and foreign exchange.
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