Plus500 Ltd (PLUS) Given Buy Rating at Liberum Capital

Plus500 Ltd (LON:PLUS)‘s stock had its “buy” rating reissued by analysts at Liberum Capital in a note issued to investors on Thursday. They presently have a GBX 1,069 ($14.06) price target on the stock. Liberum Capital’s price objective points to a potential upside of 12.82% from the company’s current price.

Separately, Berenberg Bank raised shares of Plus500 to a “buy” rating and raised their price objective for the stock from GBX 560 ($7.37) to GBX 725 ($9.54) in a research note on Thursday, August 3rd.

Plus500 (PLUS) opened at GBX 947.50 ($12.46) on Thursday. Plus500 has a 52 week low of GBX 311 ($4.09) and a 52 week high of GBX 1,050 ($13.81).

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In other news, insider Daniel Joseph King bought 5,323 shares of the company’s stock in a transaction that occurred on Tuesday, November 14th. The shares were purchased at an average price of GBX 939 ($12.35) per share, for a total transaction of £49,982.97 ($65,741.12). Also, insider Michael (Mark) Charles Fairbairn bought 5,000 shares of the company’s stock in a transaction that occurred on Thursday, November 2nd. The stock was purchased at an average price of GBX 1,040 ($13.68) per share, for a total transaction of £52,000 ($68,394.05).

About Plus500

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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