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Liberum Capital disclosed Plus500 Ltd (LON:PLUS), bumping down its price target to 723.00GBX earlier today

Yesterday Plus500 Ltd (LON:PLUS) traded -2.13% lower at 536.25GBX. The company’s 50-day moving average is 616.97GBX and its 200-day moving average is 666.97GBX. The last stock close price is down -20.76% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. 278,075 shares of the stock were exchanged, down from an average trading volume of 988,238

Stating a potential upside of 0.35%, Liberum Capital bumped down the target of Plus500 Ltd (LON:PLUS) to 723.00GBX

Previously on 2/25/2016, Liberum Capital reported about Plus500 Ltd (LON:PLUS) raised the target price from 567.00GBX to 704.00GBX. At the time, this indicated a possible upside of 0.22%.

See Chart Below

Plus500 Ltd (LON:PLUS)

Plus500 Ltd has a 52 week low of 400.57GBX and a 52 week high of 785.00GBX with a P/E ratio of 6.05 The company’s market cap is currently 0 GBX.

In addition to Liberum Capital reporting its target price, a total of 1 firm has issued a report on the stock. The consensus target price is 10.34GBX with 1 firm rating the stock a strong buy, 1 firm rating the stock a buy, 0 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

About Plus500 Ltd (LON:PLUS)

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. The Company enables retail customers to trade CFDs in more than 50 countries and in over 30 languages. The Company's trading platform is accessible from multiple operating systems, such as Windows, smartphones (iOS, Android and Windows Phone), tablets (iOS, Android and Surface), Apple Watch and web browsers. The Company conducts operations in the European Economic Area (EEA), Gibraltar, Australia and certain other jurisdictions across Asia, the Middle East and elsewhere. Its subsidiaries include Plus500UK, Plus500AU, Plus500CY and Plus500IL.

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