Plus500’s (PLUS) Buy Rating Reaffirmed at Liberum Capital

Liberum Capital reissued their buy rating on shares of Plus500 (LON:PLUS) in a research report sent to investors on Monday morning. The firm currently has a GBX 1,069 ($14.39) price target on the stock.

Shares of Plus500 (PLUS) opened at GBX 825 ($11.10) on Monday. Plus500 has a 1-year low of GBX 344 ($4.63) and a 1-year high of GBX 1,050 ($14.13).

In related news, insider Michael (Mark) Charles Fairbairn purchased 5,000 shares of the company’s stock in a transaction dated Thursday, November 2nd. The shares were acquired at an average cost of GBX 1,040 ($14.00) per share, with a total value of £52,000 ($69,986.54). Also, insider Daniel Joseph King purchased 5,323 shares of the company’s stock in a transaction dated Tuesday, November 14th. The stock was bought at an average cost of GBX 939 ($12.64) per share, for a total transaction of £49,982.97 ($67,271.83).

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Plus500 Company Profile

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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