Broker Recommendations

Canaccord Genuity downgrades Plus500 to 'hold'

By Iain Gilbert

Date: Thursday 17 Oct 2024

(Sharecast News) - Analysts at Canaccord Genuity downgraded capital markets business Plus500 from 'speculative buy' to 'hold' on Thursday but hiked their target price on the stock from 1,883.0p to 2,650.0p ahead of the group's Q3 trading update on 28 October.

Canaccord Genuity said its key changes to Plus500's investment...

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