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Plus500 Ltd 55.6% Potential Upside Indicated by Berenberg

Plus500 Ltd using EPIC/TICKER code (LON:PLUS) has had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘HOLD’ this morning by analysts at Berenberg. Plus500 Ltd are listed in the Financials sector within AIM. Berenberg have set a target price of 770 GBX on its stock. This indicates the analyst now believes there is a potential upside of 55.6% from today’s opening price of 495 GBX. Over the last 30 and 90 trading days the company share price has decreased 310.5 points and decreased 995 points respectively. The 1 year high for the stock price is 2076 GBX while the year low share price is currently 397.18 GBX.

Plus500 Ltd has a 50 day moving average of 938.46 GBX and a 200 Day Moving Average share price is recorded at 1,383.20. There are currently 113,366,768 shares in issue with the average daily volume traded being 1,410,420. Market capitalisation for LON:PLUS is £605,151,793 GBP.