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Plus500 Ltd 57.9% Potential Upside Indicated by Berenberg

Plus500 Ltd with EPIC/TICKER (LON:PLUS) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at Berenberg. Plus500 Ltd are listed in the Financials sector within AIM. Berenberg have set a target price of 2320 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 57.9% from the opening price of 1469 GBX. Over the last 30 and 90 trading days the company share price has decreased 2 points and increased 193 points respectively. The 52 week high for the share price is currently at 2076 GBX while the 52 week low for the share price is 976.5 GBX.

Plus500 Ltd has a 50 day moving average of 1,411.13 GBX and a 200 Day Moving Average share price is recorded at 1,547.34. There are currently 113,727,268 shares in issue with the average daily volume traded being 1,138,444. Market capitalisation for LON:PLUS is £1,684,300,839 GBP.