IG Design Group (LON:IGR – Get Free Report)‘s stock had its “buy” rating reaffirmed by research analysts at Canaccord Genuity Group in a research note issued to investors on Tuesday,London Stock Exchange reports. They currently have a GBX 150 price target on the stock. Canaccord Genuity Group’s target price indicates a potential upside of 80.51% from the stock’s previous close.
IG Design Group Stock Down 5.6%
Shares of IGR stock traded down GBX 4.90 during trading hours on Tuesday, hitting GBX 83.10. 1,650,169 shares of the company were exchanged, compared to its average volume of 427,817. The stock has a market capitalization of £79.20 million, a price-to-earnings ratio of -0.32 and a beta of 0.75. IG Design Group has a one year low of GBX 44 and a one year high of GBX 95. The business’s 50-day simple moving average is GBX 69.22 and its two-hundred day simple moving average is GBX 58.24. The company has a debt-to-equity ratio of 34.19, a quick ratio of 0.85 and a current ratio of 2.39.
IG Design Group (LON:IGR – Get Free Report) last announced its quarterly earnings data on Tuesday, June 16th. The company reported GBX 5.60 earnings per share for the quarter. IG Design Group had a negative return on equity of 56.70% and a negative net margin of 23.57%.The firm had revenue of £217.87 million during the quarter. Sell-side analysts predict that IG Design Group will post 16.1507402 EPS for the current fiscal year.
IG Design Group Company Profile
IG Design Group plc, the largest consumer gift packaging business in the world, is a designer, innovator and manufacturer of products that help people celebrate life’s special occasions. Design Group works with more than 11,000 customers in over 80 countries throughout the UK, Europe, Australia and the USA.
Its products are found in over 210,000 retail outlets, including several of the world’s biggest retailers, for example Walmart, Target, Amazon, Costco, Lidl and Aldi.
Its five major product categories are: Celebrations, Craft, Stationery and Creative Play, Gifting, and Not-for-resale consumables.
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