IG Group Holdings plc (LON:IGG) has been given an average recommendation of “Hold” by the seven ratings firms that are covering the company. Two analysts have rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is GBX 889 ($11.11).

Several analysts recently commented on IGG shares. Numis Securities Ltd reissued a “hold” rating and set a GBX 794 ($9.92) target price on shares of IG Group Holdings plc in a research note on Tuesday, September 20th. Barclays PLC reissued an “overweight” rating and set a GBX 950 ($11.87) target price on shares of IG Group Holdings plc in a research note on Wednesday, September 21st. Finally, Liberum Capital raised shares of IG Group Holdings plc to a “buy” rating and increased their target price for the company from GBX 770 ($9.62) to GBX 986 ($12.32) in a research note on Tuesday, August 16th.

IG Group Holdings plc (LON:IGG) opened at 831.50 on Tuesday. IG Group Holdings plc has a 12-month low of GBX 696.00 and a 12-month high of GBX 967.64. The company’s 50 day moving average is GBX 834.59 and its 200 day moving average is GBX 847.66. The firm’s market cap is GBX 3.04 billion.

In related news, insider Paul Mainwaring acquired 30,000 shares of the company’s stock in a transaction on Monday, October 17th. The shares were purchased at an average price of GBX 849 ($10.61) per share, for a total transaction of £254,700 ($318,215.89).

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About IG Group Holdings plc

IG Group Holdings plc is a United Kingdom-based company, which is engaged in online trading. The Company’s segments include UK, Australia, Europe and Rest of World. The Company’s United Kingdom (UK) segment consists of its operations in the UK and Ireland. The Company’s Europe segment consists of its operations in France, Germany, Italy, Luxembourg, the Netherlands, Norway, Spain, Sweden and Switzerland.

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