CMC Markets Plc (CMCX) Given Consensus Rating of “Hold” by Analysts

CMC Markets Plc (LON:CMCX) has been given a consensus rating of “Hold” by the six analysts that are covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is GBX 193 ($2.58).

A number of research firms recently weighed in on CMCX. Numis Securities reaffirmed a “sell” rating and set a GBX 110 ($1.47) target price on shares of CMC Markets in a report on Thursday, November 23rd. Shore Capital reissued a “hold” rating on shares of CMC Markets in a report on Thursday, November 23rd. Peel Hunt reissued a “buy” rating and issued a GBX 205 ($2.74) price target on shares of CMC Markets in a report on Thursday, November 23rd. Finally, Morgan Stanley raised shares of CMC Markets to an “overweight” rating and increased their price target for the stock from GBX 178 ($2.38) to GBX 180 ($2.41) in a report on Friday, September 1st.

In other CMC Markets news, insider Grant Foley acquired 190 shares of the business’s stock in a transaction dated Monday, November 6th. The stock was bought at an average price of GBX 158 ($2.11) per share, with a total value of £300.20 ($401.39). Also, insider David Fineberg acquired 180 shares of the business’s stock in a transaction dated Thursday, October 5th. The stock was acquired at an average cost of GBX 166 ($2.22) per share, with a total value of £298.80 ($399.52). Insiders bought a total of 33,562 shares of company stock worth $5,856,540 in the last three months.

Shares of CMC Markets (LON:CMCX) opened at GBX 151 ($2.02) on Thursday. The firm has a market cap of $443.61 and a P/E ratio of 888.24. CMC Markets has a twelve month low of GBX 100.98 ($1.35) and a twelve month high of GBX 186.25 ($2.49).

The business also recently declared a dividend, which was paid on Friday, December 22nd. Stockholders of record on Thursday, November 30th were issued a GBX 2.98 ($0.04) dividend. This represents a dividend yield of 1.7%. The ex-dividend date of this dividend was Thursday, November 30th.

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CMC Markets Company Profile

CMC Markets plc is a holding company. The Company is a provider of online and mobile trading servicing both retail and institutional clients. The Company enables clients to trade over 10,000 financial instruments, including indices, commodities, foreign exchange (FX) and equities through its trading platform.

Analyst Recommendations for CMC Markets (LON:CMCX)

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