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Canaccord Genuity Group Issues Positive Forecast for Plus500 (LON:PLUS) Stock Price

Plus500 logo with Financial Services background

Plus500 (LON:PLUS - Free Report) had its price objective boosted by Canaccord Genuity Group from GBX 2,650 ($35.16) to GBX 2,764 ($36.68) in a research report sent to investors on Wednesday, MarketBeat Ratings reports. They currently have a hold rating on the stock.

Plus500 Stock Performance

Plus500 stock traded up GBX 9.95 ($0.13) during mid-day trading on Wednesday, hitting GBX 3,111.95 ($41.29). 139,864 shares of the company traded hands, compared to its average volume of 509,859. Plus500 has a one year low of GBX 2,068 ($27.44) and a one year high of GBX 3,130 ($41.53). The stock has a market cap of £2.87 billion, a price-to-earnings ratio of 11.52, a price-to-earnings-growth ratio of 0.24 and a beta of 0.20. The stock has a fifty day moving average price of GBX 2,838.63 and a 200-day moving average price of GBX 2,694.70.

Plus500 Company Profile

(Get Free Report)

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.

Further Reading

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