Plus500’s (PLUS) Buy Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group reissued their buy rating on shares of Plus500 (LON:PLUS) in a report released on Monday, Marketbeat reports. Jefferies Financial Group currently has a GBX 5,350 price target on the stock.

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

Plus500 Stock Down 2.5%

Shares of PLUS opened at GBX 3,720 on Monday. The firm has a market cap of £2.56 billion, a P/E ratio of 9.82, a P/E/G ratio of 0.24 and a beta of 0.36. The stock has a 50 day simple moving average of GBX 4,451.70 and a two-hundred day simple moving average of GBX 4,389.10. The company has a debt-to-equity ratio of 3.94, a current ratio of 299.59 and a quick ratio of 3.89. Plus500 has a 1 year low of GBX 2,874 and a 1 year 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.