CMC Markets (LON:CMCX) Rating Reiterated by Peel Hunt

Peel Hunt reissued their buy rating on shares of CMC Markets (LON:CMCX) in a report released on Thursday, ThisIsMoney.Co.Uk reports.

Separately, Shore Capital reissued a buy rating on shares of CMC Markets in a research note on Thursday, July 25th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock has an average rating of Buy and a consensus target price of GBX 108 ($1.41).

Shares of CMCX stock opened at GBX 117.80 ($1.54) on Thursday. The stock’s 50 day simple moving average is GBX 97.82 and its 200 day simple moving average is GBX 89.49. The company has a debt-to-equity ratio of 3.24, a quick ratio of 2.34 and a current ratio of 2.46. CMC Markets has a twelve month low of GBX 74.30 ($0.97) and a twelve month high of GBX 141.20 ($1.85). The company has a market capitalization of $340.55 million and a price-to-earnings ratio of 58.90.

In other CMC Markets news, insider David Fineberg purchased 324 shares of the company’s stock in a transaction on Tuesday, August 6th. The shares were bought at an average cost of GBX 93 ($1.22) per share, with a total value of £301.32 ($393.73).

About CMC Markets

CMC Markets plc and its subsidiaries provide online retail financial services in the United Kingdom and internationally. It operates in three segments: UK and Ireland, Europe, and Australia, New Zealand and Singapore (APAC) and Canada. 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.

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Analyst Recommendations for CMC Markets (LON:CMCX)

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