Shore Capital reaffirmed their buy rating on shares of CMC Markets (LON:CMCX) in a research report released on Monday, Price Targets.com reports.
Separately, Royal Bank of Canada upped their price objective on CMC Markets from GBX 450 ($5.88) to GBX 550 ($7.19) and gave the stock an outperform rating in a research report on Tuesday, March 30th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. CMC Markets presently has an average rating of Hold and a consensus target price of GBX 369.20 ($4.82).
Shares of CMCX stock opened at GBX 440 ($5.75) on Monday. The company has a current ratio of 3.10, a quick ratio of 3.04 and a debt-to-equity ratio of 4.88. CMC Markets has a twelve month low of GBX 260.28 ($3.40) and a twelve month high of GBX 1,414 ($18.47). The company has a market cap of £1.28 billion and a P/E ratio of 7.19. The stock’s fifty day simple moving average is GBX 479.27.
CMC Markets Company Profile
CMC Markets plc, together with its subsidiaries, provides online retail financial services to retail, professional, stockbroking, and institutional clients in Australia, the United Kingdom, and internationally. The company provides its clients with the ability to trade contracts for difference and financial spread betting on a range of underlying shares, indices, foreign currencies, commodities, and treasuries through its trading platform.
Read More: What is a balanced fund?
Receive News & Ratings for CMC Markets Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CMC Markets and related companies with MarketBeat.com's FREE daily email newsletter.