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

Jefferies Financial Group restated their buy rating on shares of Plus500 (LON:PLUS) in a research report released on Thursday,Digital Look reports. They currently have a GBX 5,350 target price on the stock.

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

Plus500 Stock Performance

LON:PLUS opened at GBX 3,910 on Thursday. The stock has a market cap of £2.71 billion, a P/E ratio of 10.32, a PEG ratio of 0.24 and a beta of 0.36. 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. The firm has a 50-day moving average of GBX 4,565.44 and a two-hundred day moving average of GBX 4,393.73.

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.