Liberum Capital Reiterates Under Review Rating for IG Group (IGG)
IG Group (LON:IGG)‘s stock had its “under review” rating reaffirmed by research analysts at Liberum Capital in a research note issued to investors on Friday.
Several other research analysts have also commented on the stock. Shore Capital restated a “hold” rating on shares of IG Group in a report on Tuesday, December 5th. Numis Securities restated an “add” rating and issued a GBX 697 ($9.45) price target on shares of IG Group in a report on Tuesday, December 5th. Finally, Barclays raised their price target on shares of IG Group from GBX 650 ($8.81) to GBX 920 ($12.48) and gave the company an “overweight” rating in a report on Wednesday, January 3rd. Three equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. IG Group has an average rating of “Hold” and an average price target of GBX 739 ($10.02).
IG Group (LON:IGG) opened at GBX 760.30 ($10.31) on Friday. IG Group has a 1-year low of GBX 487.82 ($6.62) and a 1-year high of GBX 797 ($10.81). The company has a market cap of $2,800.00 and a P/E ratio of 1,652.83.
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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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