Libertas Partners Reaffirms Buy Rating for Plus500 (PLUS)

Plus500 (LON:PLUS)‘s stock had its “buy” rating restated by stock analysts at Libertas Partners in a report released on Wednesday. They currently have a GBX 1,232 ($17.27) price target on the stock. Libertas Partners’ price target would indicate a potential upside of 14.71% from the company’s previous close.

PLUS has been the topic of a number of other reports. Liberum Capital reaffirmed a “buy” rating on shares of Plus500 in a report on Wednesday, January 10th. Berenberg Bank upped their price target on Plus500 from GBX 1,130 ($15.84) to GBX 1,200 ($16.83) and gave the company a “buy” rating in a report on Wednesday, January 3rd.

Plus500 (LON PLUS) opened at GBX 1,074 ($15.06) on Wednesday. The stock has a market capitalization of $1,230.00 and a price-to-earnings ratio of 1,052.94. Plus500 has a 1-year low of GBX 413.19 ($5.79) and a 1-year high of GBX 1,220 ($17.11).

In other Plus500 news, insider Daniel Joseph King purchased 5,323 shares of the stock in a transaction dated Tuesday, November 14th. The shares were purchased at an average cost of GBX 939 ($13.17) per share, with a total value of £49,982.97 ($70,082.68).

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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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