RBC Capital cuts CMC Markets price target after profit warning

8th Sep 2023 07:27

(Sharecast News) - RBC Capital Markets cut its price target on CMC Markets on Friday to 140p from 250p as it reduced estimates following the FY24 profit warning.

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CMC Markets appoints Albert Soleiman as CFO

4th Sep 2023 07:01

(Sharecast News) - Online trading platform CMC Markets said it had appointed Albert Soleiman as chief financial officer, replacing Euan Marshall, who has retired from the board.

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CMC Markets warns on net operating income

25th Aug 2023 07:12

(Sharecast News) - Financial trading platform CMC Markets said annual net operating income would be lower than last year as revenues continued to fall in a "challenging" environment.

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CMC Markets net operating income to be in line with last year

27th Jul 2023 08:24

(Sharecast News) - Online trading group CMC Markets said on Thursday that its performance in the first quarter was as expected and that net operating income is set to be at a similar run rate to last year.

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CMC Markets CFO Marshall resigns

7th Jul 2023 07:59

(Sharecast News) - CMC Markets said on Friday that chief financial officer Euan Marshall has resigned with effect from January 2024, to assume the position of CFO at IntegraFin.

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CMC Markets operating income jumps, outlook cloudier

13th Jun 2023 07:15

(Sharecast News) - Online trading and investment provider CMC Markets reported a new record high in net operating income outside of the Covid-19 pandemic period in its full-year results on Tuesday, in line with the guidance provided.

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CMC Markets buys 33% stake in StrikeX Technologies

9th Jun 2023 07:49

(Sharecast News) - CMC Markets said on Friday that it has bought a 33% stake in StrikeX Technologies, a customer centric blockchain solutions business.

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Jefferies downgrades CMC Markets to 'hold'

30th Mar 2023 09:33

(Sharecast News) - Jefferies has downgraded CMC Markets, after the online trading platform warned of a more challenging environment.

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RBC Capital lowers target price on CMC Markets

28th Mar 2023 11:15

(Sharecast News) - Over at RBC Capital Markets, analysts dropped their target price on financial services firm CMC Markets from 350.0p to 310.0p on Tuesday following the group's recent trading update.

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CMC Markets sees FY net operating income flat, shares tank

27th Mar 2023 16:00

(Sharecast News) - CMC Markets tanked on Monday afternoon after the online trading platform said net operating income for FY23 was set to be more or less flat on the year following a "more challenging" environment in February and March.

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CMC Markets trading in line, growth plans on track

25th Jan 2023 07:10

(Sharecast News) - CMC Markets said on Wednesday that net operating income was tracking in line with market expectations for the year ending 31 March 2023 and that it remains on course to deliver its strategic growth objectives.

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CMC Markets three-year growth plan on track as H1 income rises

16th Nov 2022 07:41

(Sharecast News) - CMC Markets said on Wednesday that its three-year growth plan was on track as it reported a rise in first-half net operating income amid increased activity.

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CMC Markets H1 profits set to rise

6th Oct 2022 07:54

(Sharecast News) - Online trading platform CMC Markets said on Thursday that first-half profits are set to be ahead of the previous year following an improvement in underlying market activity through August and September.

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Canaccord Genuity lowers target price on CMC Markets

15th Aug 2022 09:42

(Sharecast News) - Analysts at Canaccord Genuity lowered their target price on financial services group CMC Markets from 257.0p to 224.0p on Monday, citing "material cost inflation" flagged by the company.

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CMC Markets operating costs seen 5% higher, shares tumble

28th Jul 2022 08:26

(Sharecast News) - CMC Markets shares tumbled on Thursday after the online trading platform said operating costs were set to be higher than initially expected.

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