Plus500 (PLUS) Price Target Raised to GBX 1,540 at Berenberg Bank

Plus500 (LON:PLUS) had its price objective boosted by Berenberg Bank from GBX 1,200 ($16.58) to GBX 1,540 ($21.28) in a research note released on Wednesday. The brokerage currently has a buy rating on the stock.

A number of other equities research analysts have also commented on the company. Liberum Capital increased their price target on Plus500 from GBX 1,232 ($17.02) to GBX 1,507 ($20.82) and gave the company a buy rating in a research report on Wednesday. Libertas Partners reissued a buy rating and issued a GBX 1,232 ($17.02) price target on shares of Plus500 in a research report on Wednesday, February 7th.

Shares of Plus500 (PLUS) opened at GBX 1,206 ($16.66) on Wednesday. The company has a market capitalization of $1,330.00 and a price-to-earnings ratio of 1,182.35. Plus500 has a 12-month low of GBX 414.79 ($5.73) and a 12-month high of GBX 1,220 ($16.86).

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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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