Morgan Stanley reaffirmed their overweight rating on shares of CMC Markets (LON:CMCX) in a research report released on Wednesday morning. Morgan Stanley currently has a GBX 185 ($2.59) target price on the stock.
Several other research analysts have also weighed in on CMCX. Peel Hunt reissued a buy rating and issued a GBX 210 ($2.94) price objective on shares of CMC Markets in a research report on Monday, January 8th. Shore Capital restated a hold rating on shares of CMC Markets in a research note on Thursday, January 25th. Finally, Numis Securities restated a sell rating and issued a GBX 120 ($1.68) target price on shares of CMC Markets in a research note on Thursday, January 25th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the stock. CMC Markets has a consensus rating of Hold and an average price target of GBX 163.75 ($2.30).
CMC Markets (LON:CMCX) opened at GBX 154 ($2.16) on Wednesday. CMC Markets has a 12-month low of GBX 107.30 ($1.50) and a 12-month high of GBX 186.25 ($2.61). The firm has a market capitalization of $443.37 and a PE ratio of 905.88.
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About CMC Markets
CMC Markets plc is a holding company. The Company is a provider of online and mobile trading servicing both retail and institutional clients. The Company enables clients to trade over 10,000 financial instruments, including indices, commodities, foreign exchange (FX) and equities through its trading platform.
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