CMC Markets Plc with ticker (LON:CMCX) now has a potential downside of -39.4% according to Canaccord Genuity.
CMCX.L
Canaccord Genuity set a target price of 192 GBX for the company, which when compared to the CMC Markets Plc share price of 317 GBX at opening today (21/06/2024) indicates a potential downside of -39.4%. Trading has ranged between 87 (52 week low) and 317 (52 week high) with an average of 685,592 shares exchanging hands daily. The market capitalisation at the time of writing is £871,624,971.
CMC Markets Plc is a United Kingdom-based online financial trading company. The Company’s segments include Trading and Investing. The Company’s principal business is online trading, providing its clients with the ability to trade a variety of financial products for short-term investment and hedging purposes. These products include contracts for difference (CFD) and financial spread betting on a range of underlying shares, indices, foreign currencies, commodities, and treasuries. The Company serves retail and institutional clients through regulated offices and branches in about 12 countries with presence in the United Kingdom, Australia, Germany, and Singapore. The Company offers an online and mobile trading platform, enabling clients to trade over 12,000 financial instruments across shares, indices, foreign currencies, commodities, and treasuries through CFDs, financial spread bets, and access stockbroking services.
CMC Markets Plc -39.4% potential downside indicated by Canaccord Genuity
- Written by: Charlotte Edwards
Find more news, interviews, share price & company profile here for:
Latest Company News
CMC Markets receives a Buy upgrade from Panmure Liberum after a major FY2027 guidance uplift and stronger B2B momentum.
Cmc Markets Plc has raised FY2027 net operating income guidance and said B2B platform growth continues to drive higher margins.
The Nasdaq 100 faces a timely test as month-end seasonal flows, major portfolio rebalancing and key US economic data converge in a shortened trading week.
Visa and OpenAI’s expanded partnership shows how AI is moving closer to real-world commerce, while regulation and infrastructure costs remain key issues across the technology sector.
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.
