Stocks•2 July 2026•
1 min read

CMC Markets Upgraded to Buy as Panmure Liberum Doubles Price Target

Key Facts

1Panmure Liberum upgraded CMC Markets from 'hold' to 'buy' and nearly doubled its price target.
2The price target for CMC Markets stock was raised to 700p from 380p.

In a move reflecting growing optimism toward electronic trading platforms, Panmure Liberum has upgraded CMC Markets from 'hold' to 'buy'. This decision follows analyst reports indicating a structural shift in the company's financial performance, prompting the broker to nearly double the stock's price target. The new target has been set at 700p, up from the previous 380p, following a surprise upgrade to the company's profit guidance.

This bullish sentiment follows a 24% surge in CMC Markets' share price in the previous session, outperforming sector peers such as IG Group and Plus500. According to market data, the improved guidance reflects the company's ability to maintain higher profitability levels than previously anticipated, supporting a positive outlook for the UK financial sector despite mixed economic data, such as the CBI Distributive Trades index falling to -54 as of June 25, 2026.

Investors should monitor the stock's stability following this significant price jump, as CMC Markets (CMCX) traded with strong positive momentum as of the July 1, 2026 close. Looking ahead, market sentiment in London may be influenced by UK mortgage approvals, which stood at 56.21k on June 29, 2026, signaling a macroeconomic environment that requires careful monitoring of liquidity flows into trading platforms.