Plus500’s (PLUS) Hold Rating Reiterated at Peel Hunt

Peel Hunt reiterated their hold rating on shares of Plus500 (LON:PLUS) in a research report sent to investors on Monday morning,Digital Look reports. They currently have a GBX 3,400 price target on the stock.

Separately, Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 5,350 target price on shares of Plus500 in a research note on Monday. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of GBX 4,166.67.

Plus500 Stock Performance

LON PLUS opened at GBX 3,720 on Monday. The stock has a fifty day simple moving average of GBX 4,451.70 and a 200-day simple moving average of GBX 4,389.10. The company has a current ratio of 299.59, a quick ratio of 3.89 and a debt-to-equity ratio of 3.94. The stock has a market cap of £2.56 billion, a PE ratio of 9.82, a P/E/G ratio of 0.24 and a beta of 0.36. Plus500 has a twelve month low of GBX 2,874 and a twelve month high of GBX 5,535.

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.