CMC Markets Plc with ticker (LON:CMCX) now has a potential upside of 23.9% according to Jefferies.
Jefferies set a target price of 190 GBX for the company, which when compared to the CMC Markets Plc share price of 153 GBX at opening today (26/06/2023) indicates a potential upside of 23.9%. Trading has ranged between 147 (52 week low) and 317 (52 week high) with an average of 208,454 shares exchanging hands daily. The market capitalisation at the time of writing is £418,603,855.
CMC Markets Plc is a United Kingdom-based financial trading company. The Company’s principal business is providing leveraged online retail financial services and providing its clients with the ability to trade contracts for difference (CFD) and financial spread betting on a range of underlying shares, indices, foreign currencies, commodities, and treasuries. It offers an online and mobile trading platform, enabling clients to trade over 10,000 financial instruments. The Company also makes these services available to institutional partners through white label and introducing broker arrangements. The Company operates through four segments: UK and Ireland (UK & IE), Europe, Australia, New Zealand, and Singapore (APAC) and Canada; and Australia. It serves retail and institutional clients through regulated offices and branches in 12 countries, with a presence in the United Kingdom, Australia, Germany, and Singapore.
CMC Markets Plc 23.9% potential upside indicated by Jefferies
[shareaholic app="share_buttons" id_name="post_below_content"]
- Written by: Charlotte Edwards
Twitter
LinkedIn
Facebook
Email
Reddit
Telegram
WhatsApp
Pocket
Find more news, interviews, share price & company profile here for:
CMC Markets plc (LON:CMCX) is making waves in the financial trading world. Learn more about this overlooked but thriving UK-based company here.
In this interview, Gervais Williams, co-fund manager of Miton UK MicroCap Trust, discusses navigating the economic landscape and standout companies in 2024. Find out more here. #investment #microcap