Morgan Stanley restated their overweight rating on shares of CMC Markets (LON:CMCX) in a report published on Wednesday. The brokerage currently has a GBX 185 ($2.59) price objective on the stock.

CMCX has been the topic of a number of other research reports. Peel Hunt assumed coverage on CMC Markets in a research report on Wednesday, November 8th. They set a buy rating and a GBX 205 ($2.87) price target on the stock. Numis Securities reissued a sell rating and set a GBX 110 ($1.54) price target on shares of CMC Markets in a research report on Thursday, November 23rd. Finally, Shore Capital reissued a hold rating on shares of CMC Markets in a research report on Thursday, January 25th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company. The stock currently has a consensus rating of Hold and a consensus target price of GBX 163.75 ($2.30).

Shares of CMC Markets (LON:CMCX) opened at GBX 153 ($2.15) on Wednesday. The stock has a market capitalization of $443.37 and a P/E ratio of 900.00. CMC Markets has a 12-month low of GBX 107.30 ($1.50) and a 12-month high of GBX 186.25 ($2.61).

In other CMC Markets news, insider David Fineberg bought 11,192 shares of the business’s stock in a transaction on Monday, December 4th. The stock was purchased at an average cost of GBX 170 ($2.38) per share, for a total transaction of £19,026.40 ($26,677.51).

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About CMC Markets

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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