CMC Markets Plc with ticker (LON:CMCX) now has a potential upside of 36.8% according to RBC Capital Markets.
RBC Capital Markets set a target price of 140 GBX for the company, which when compared to the CMC Markets Plc share price of 102 GBX at opening today (19/09/2023) indicates a potential upside of 36.8%. Trading has ranged between 98 (52 week low) and 271 (52 week high) with an average of 551,371 shares exchanging hands daily. The market capitalisation at the time of writing is £301,081,366.
CMC Markets Plc is a United Kingdom-based financial trading company. The Company’s principal business is providing leveraged online retail financial services and providing its clients with the ability to trade contracts for difference (CFD) and financial spread betting on a range of underlying shares, indices, foreign currencies, commodities, and treasuries. It offers an online and mobile trading platform, enabling clients to trade over 10,000 financial instruments. The Company also makes these services available to institutional partners through white label and introducing broker arrangements. The Company operates through four segments: UK and Ireland (UK & IE), Europe, Australia, New Zealand, and Singapore (APAC) and Canada; and Australia. It serves retail and institutional clients through regulated offices and branches in 12 countries, with a presence in the United Kingdom, Australia, Germany, and Singapore.
CMC Markets Plc 36.8% potential upside indicated by RBC Capital Markets
- Written by: Charlotte Edwards
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Latest Company News
CMC Markets has lifted its FY2027 outlook as Australian stockbroking growth, bank partnerships and platform investment strengthen its growth case.
CMC Markets reports strong FY2026 growth, rising institutional partnerships and a renewed retail push as its platform strategy accelerates.
CMC Markets delivered net operating income of £392.6 million and profit before tax of £101.3 million for FY2026, supported by growth in institutional and B2B partnerships, record Australian stockbroking performance and continued rollout of its multi-asset platform.
CMC Connect’s new Prime Services platform expands CMC Markets’ institutional offer with integrated execution, financing and post-trade support across global markets.
CMC Markets has opened Spectre to retail clients, offering zero-leverage spread betting with no overnight financing costs and access to multiple markets.
CMC Markets has entered Germany’s certificates and warrants market, adding a new regulated product line as it expands its European multi-asset strategy.
