Liberum Capital Reaffirms Under Review Rating for IG Group (IGG)
IG Group (LON:IGG)‘s stock had its “under review” rating reissued by Liberum Capital in a note issued to investors on Thursday.
Several other equities research analysts have also recently issued reports on the stock. Numis Securities raised their price target on shares of IG Group from GBX 760 ($10.50) to GBX 781 ($10.79) and gave the stock a “hold” rating in a research note on Wednesday, March 14th. Shore Capital reaffirmed a “hold” rating on shares of IG Group in a research note on Tuesday, January 30th. Finally, Barclays reaffirmed an “overweight” rating and set a GBX 955 ($13.19) price target on shares of IG Group in a research note on Wednesday, January 24th. Three investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of GBX 778.67 ($10.76).
Shares of IG Group stock opened at GBX 817.50 ($11.29) on Thursday. IG Group has a 12 month low of GBX 487.82 ($6.74) and a 12 month high of GBX 837.50 ($11.57). The stock has a market cap of $3,010.00 and a PE ratio of 1,542.45.
IG Group Holdings plc is a United Kingdom-based company, which is engaged in online trading. The Company provides contracts for difference (CFDs) in over 17 countries globally. The Company’s segments include UK, Australia, Europe and Rest of World. The UK segment consists of its operations in the United Kingdom and Ireland, and derives its revenue from financial spread bets, CFDs, binary options and execution only stockbroking.
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