IG Group (LON:IGG) Hits New 12-Month Low – Here’s What Happened

IG Group Holdings plc (LON:IGG)’s stock price reached a new 52-week low on Friday. The stock traded as low as GBX 930.50 and last traded at GBX 959, with a volume of 14473579 shares traded. The stock had previously closed at GBX 1,279.

Key IG Group News

Here are the key news stories impacting IG Group this week:

• Neutral Sentiment: IG Group expects third-quarter revenue of approximately £240 million. The update provides investors with a clearer earnings base, but the figure reflects a significant slowdown in trading activity. IG Group Expects Q3 Revenue of About £240 Million, Updates 2026 Outlook
• Neutral Sentiment: Peel Hunt reaffirmed its Hold rating and set a GBX 1,100 price target, indicating limited near-term conviction despite the stock’s lower valuation. IG Group’s Hold Rating Reaffirmed at Peel Hunt
• Negative Sentiment: Third-quarter revenue fell approximately 14%, primarily because of weaker over-the-counter trading. The decline prompted management to lower its 2026 revenue-growth outlook, a major reason for the market’s negative reaction. IG Group Lowers 2026 Revenue Growth Outlook
• Negative Sentiment: The weaker OTC performance suggests reduced customer trading activity and lower revenue generation across a core business line. Reports also describe the shares reaching a new 12-month low as investors reassessed earnings expectations. IG Group Cuts 2026 Revenue Outlook on Weaker OTC Trading

Analysts Set New Price Targets

IGG has been the subject of several research reports. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 2,000 price objective on shares of IG Group in a research note on Friday, July 31st. Peel Hunt reissued a “hold” rating and issued a GBX 1,100 target price on shares of IG Group in a research note on Friday. Royal Bank Of Canada reissued an “outperform” rating and issued a GBX 1,850 target price on shares of IG Group in a research note on Friday, August 14th. Finally, Jefferies Financial Group restated a “buy” rating and set a GBX 1,250 target price on shares of IG Group in a report on Friday, July 31st. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 1,550.

IG Group Stock Down 22.6%

The firm has a market capitalization of £3.26 billion, a price-to-earnings ratio of 9.42, a P/E/G ratio of -1.44 and a beta of 0.50. The business has a 50 day simple moving average of GBX 1,369.96 and a 200-day simple moving average of GBX 1,561.92. The company has a debt-to-equity ratio of 31.85, a quick ratio of 2.40 and a current ratio of 162.46.

IG Group (LON:IGG) last posted its quarterly earnings results on Thursday, July 30th. The company reported GBX 68.90 EPS for the quarter. IG Group had a return on equity of 19.99% and a net margin of 30.26%. On average, equities analysts expect that IG Group Holdings plc will post 104.0295119 EPS for the current year.

Insiders Place Their Bets

In other news, insider Helen Stevenson bought 2,197 shares of the firm’s stock in a transaction on Monday, August 10th. The shares were bought at an average cost of GBX 1,358 per share, for a total transaction of £29,835.26. Also, insider Clifford Abrahams purchased 5,000 shares of the company’s stock in a transaction dated Friday, August 7th. The stock was purchased at an average cost of GBX 1,331 per share, with a total value of £66,550. Insiders have bought 43,613 shares of company stock valued at $59,601,278 over the last ninety days. Company insiders own 1.20% of the company’s stock.

IG Group Company Profile

IG Group Holdings plc (“IG”) is a FTSE 100 financial technology company operating at the intersection of retail trading, technology and capital markets. Through its trusted brands – IG, tastytrade, Freetrade and Independent Reserve – the Group serves over 1.3 million customers worldwide, providing leveraged trading, stock trading and investments, and cryptocurrency trading via its proprietary platforms. For more information, visit www.iggroup.com.