Plus500 Ltd with ticker (LON:PLUS) now has a potential upside of 24.5% according to Jefferies.
Jefferies set a target price of 2,300 GBX for the company, which when compared to the Plus500 Ltd share price of 1,848 GBX at opening today (22/02/2024) indicates a potential upside of 24.5%. Trading has ranged between 1,263 (52 week low) and 1,920 (52 week high) with an average of 210,397 shares exchanging hands daily. The market capitalisation at the time of writing is £1,455,247,511.
Plus500 Ltd is an Israel-based company that develops and operates an online trading platform for individual customers to trade contracts for difference (CFDs). Its online trading platform allows its customers to trade CFDs on over more than 2,200 different underlying global financial instruments comprising equities, indices, commodities, options, exchange-traded funds (ETFs), crypto currencies and foreign exchange. The Company enables individual customers to trade CFDs in more than 50 countries. The trading platform is accessible from various operating systems, such as Windows, iOS, Android, and Surface, as well as Web browsers.
Plus500 Ltd 24.5% potential upside indicated by Jefferies
- Written by: Charlotte Edwards
Latest Company News
Plus500 reported record H1 2026 results, with revenue up 12%, EBITDA up 1% and shareholder returns totalling $182.5m announced.
Plus500 has launched Single Stock Futures in the US, broadening customer access to CME Group-listed contracts and leading US stocks.
Plus500 has announced a strategic partnership with Wealthsimple to provide US futures access for Canadian retail investors.
Plus500 reported record half-year customer income and higher revenue, alongside continued expansion in US prediction markets and OTC products.
Plus500 has launched CFTC-regulated sports event-based contracts in the US, broadening its prediction markets offering and addressable market.
Plus500 has launched 24/5 CFD trading on selected stocks and ETFs, including SpaceX, as it expands its proprietary multi-asset platform offering.
