CMC Markets Plc’s (CMCX) Sell Rating Reiterated at Numis Securities Ltd

Numis Securities Ltd reaffirmed their sell rating on shares of CMC Markets Plc (LON:CMCX) in a report issued on Tuesday, May 9th. Numis Securities Ltd currently has a GBX 100 ($1.29) target price on the stock.

A number of other brokerages also recently commented on CMCX. Shore Capital restated a buy rating on shares of CMC Markets Plc in a report on Thursday, March 30th. Morgan Stanley decreased their target price on CMC Markets Plc from GBX 220 ($2.84) to GBX 140 ($1.81) and set an equal weight rating for the company in a report on Thursday, January 26th. Finally, Royal Bank of Canada restated an outperform rating and set a GBX 315 ($4.07) target price on shares of CMC Markets Plc in a report on Tuesday, January 31st.

CMC Markets Plc (LON:CMCX) traded up 0.98% on Tuesday, reaching GBX 128.50. 188,210 shares of the company’s stock traded hands. The firm’s 50-day moving average is GBX 121.89 and its 200 day moving average is GBX 132.84. The firm’s market cap is GBX 369.00 million. CMC Markets Plc has a 12 month low of GBX 90.95 and a 12 month high of GBX 293.60.

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In related news, insider Grant Foley purchased 248 shares of CMC Markets Plc stock in a transaction dated Monday, March 6th. The stock was purchased at an average cost of GBX 121 ($1.56) per share, for a total transaction of £300.08 ($387.35).

About CMC Markets Plc

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.

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