Large increase in target7 Aug 2017 18:07
From Proactive Investor -
In an initial note to clients, analysts at Liberum Capital hiked their target price for Plus 500 shares to 992p, up from 628p previously, and reiterated a ‘buy’ rating on the stock.
They said: “We remain cognizant of the regulatory challenges facing the industry, which we acknowledge may put our forecasts from CY18 at risk.
“However, we believe Plus500 is continuing to prove very capable of adapting to changes in its markets.”