Plus500 (LON:PLUS) Receives Buy Rating from Liberum Capital

Liberum Capital reaffirmed their buy rating on shares of Plus500 (LON:PLUS) in a report released on Tuesday morning, Digital Look reports. Liberum Capital currently has a GBX 1,000 ($13.07) price target on the stock.

PLUS has been the topic of a number of other reports. Peel Hunt restated a reduce rating and issued a GBX 600 ($7.84) price objective (up from GBX 526 ($6.87)) on shares of Plus500 in a report on Monday. Peel Hunt restated a reduce rating and issued a GBX 526 ($6.87) price objective on shares of Plus500 in a report on Friday, June 28th. Three investment analysts have rated the stock with a sell rating, one has issued a hold rating and one has assigned a buy rating to the company. The company currently has a consensus rating of Hold and an average price target of GBX 703.20 ($9.19).

Plus500 stock opened at GBX 721.80 ($9.43) on Tuesday. The stock’s 50-day moving average is GBX 611.14 and its 200-day moving average is GBX 714.09. The company has a market cap of $817.73 million and a price-to-earnings ratio of 2.17. Plus500 has a 12 month low of GBX 399.70 ($5.22) and a 12 month high of GBX 2,064 ($26.97).

The business also recently announced a dividend, which will be paid on Thursday, November 28th. Investors of record on Thursday, August 29th will be issued a dividend of $0.27 per share. The ex-dividend date of this dividend is Thursday, August 29th. This represents a dividend yield of 3.46%. Plus500’s payout ratio is currently 0.47%.

In related news, insider Asaf Elimelech bought 30,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 14th. The shares were acquired at an average cost of GBX 684 ($8.94) per share, for a total transaction of £205,200 ($268,130.15).

Plus500 Company Profile

Plus500 Ltd. develops and operates an online trading platform for individual customers to trade contracts for difference (CFDs). Its platform allows its customers to trade CFDs over approximately 2,200 financial instruments, such as equities, indices, commodities, options, exchange-traded funds, cryptocurrencies, and foreign exchange in approximately 50 countries in 32 languages.

Recommended Story: How to identify percentage decliners

Analyst Recommendations for Plus500 (LON:PLUS)

Receive News & Ratings for Plus500 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Plus500 and related companies with's FREE daily email newsletter.