CMC Markets (CMCX) Given Buy Rating at Peel Hunt

CMC Markets (LON:CMCX)‘s stock had its “buy” rating restated by Peel Hunt in a report issued on Monday. They currently have a GBX 210 ($2.85) price target on the stock. Peel Hunt’s target price indicates a potential upside of 40.19% from the stock’s current price.

CMCX has been the topic of a number of other reports. Numis Securities restated a “sell” rating and set a GBX 110 ($1.49) price objective on shares of CMC Markets in a research report on Thursday, November 23rd. Shore Capital restated a “hold” rating on shares of CMC Markets in a research report on Thursday, September 28th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company. CMC Markets currently has an average rating of “Hold” and a consensus price target of GBX 193 ($2.62).

Shares of CMC Markets (LON:CMCX) opened at GBX 149.80 ($2.03) on Monday. The stock has a market capitalization of $431.58 and a P/E ratio of 881.18. CMC Markets has a 1 year low of GBX 100.98 ($1.37) and a 1 year high of GBX 186.25 ($2.53).

In related news, insider Grant Foley purchased 190 shares of the firm’s stock in a transaction that occurred on Monday, November 6th. The shares were acquired at an average price of GBX 158 ($2.14) per share, with a total value of £300.20 ($407.11). Also, insider David Fineberg purchased 22,000 shares of the firm’s stock in a transaction that occurred on Friday, November 24th. The stock was bought at an average cost of GBX 177 ($2.40) per share, for a total transaction of £38,940 ($52,807.16). In the last ninety days, insiders purchased 33,382 shares of company stock worth $5,826,660.

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CMC Markets Company Profile

CMC Markets plc is a holding company. The Company is a provider of online and mobile trading servicing both retail and institutional clients. The Company enables clients to trade over 10,000 financial instruments, including indices, commodities, foreign exchange (FX) and equities through its trading platform.

Analyst Recommendations for CMC Markets (LON:CMCX)

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