Tag: Plus500

May 14, 2014 BY Mike Fox

Numis Securities starts Plus500 with buy rating and GBP 8.24 price target, indicating 30% upside

Numis Securities Limited, a leading independent investment banking and institutional stockbroking firm has today initiated coverage on CFD broker Plus500 (LON:PLUS) in a research note issued on Wednesday, AnalystRatings.Net is reporting. The shares are trading up today around 3.8% on the news. Numis set a “Buy” rating for Plus500 (LON:PLUS) and placed a GBX 824…

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April 16, 2014 BY Gerald Segal

JP Morgan keeps buying and hits 10% holding in Plus500

Buy, buy, buy! JP Morgan crosses 10% ownership stake in Plus500 In continued bullish fervor, JP Morgan crossed over 10% in ownership stake of Plus500 (LON:PLUS). Just last Friday, JPMorgan had increased its interest in Plus500 to 6.8%. Also, reported several weeks ago JPMorgan had hit a 4% holding in Plus500. Does the steady pace…

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April 02, 2014 BY Gerald Segal

Plus500 reports record March-quarter revenues - up 207%

Increase of 207% in revenues to $60.7m in Q1 2014 up from Q1 2013 at $19.7M Plus500’s March-quarter revenues were up 207% to $60.7M, while its number of new customers gained 63% to 20,124. Its number of active customers increased 48% to 50,438. March-quarter revenues in 2013 came in at $19.7M, and in 2013 they…

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March 18, 2014 BY Andrew Saks-McLeod

Plus500 Releases Annual Results For 2013 - Doubles 2012 Revenue

Corporate efficiency detailed in full as Plus500 releases its annual report for 2013 Plus500 has released its annual results for the full year 2013, which demonstrate what could be considered a predictably strong performance when bearing in mind the company's high valuation and successful initial public offering during the later stages of 2013. Last year, Plus500…

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March 13, 2014 BY Andrew Saks-McLeod

JP Morgan Buys Into Plus500

JP Morgan Asset Management and JP Morgan Securities acquire 4% of Plus500. CFD broker Plus500 (PLUS.L) can look back over recent events with some degree of satisfaction, with the entity continually demonstrating high stock prices since its equally high-ticket IPO. Today, the company has published a notification of major interest in shares, denoting that corporate…

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February 27, 2014 BY Gerald Segal

Plus500 hits its target – $1 billion valuation

Insiders to sell $170M of Plus500 shares. IPO benefits: higher volumes, but also lower client acquisition costs. When we wrote back in December that Plus500 (LON:PLUS) CEO Gal Haber was targeting a billion dollar valuation for his newly public company, we did so with a certain amount of skepticism. After all, industry leader FXCM's valuation…

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February 25, 2014 BY Gerald Segal

Plus500 insider sells and pockets $41 million, shares continue upward

Plus500 co-founder Shimon Sofer sells, but Plus500 shares set another all-time high News that one of the founders of publicly listed CFDs broker Plus500 (LON:PLUS) has sold an overwhelming majority of his shares didn't manage to put a dent to investors' mood about the company. According to a notification letter published on the company's website,…

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