IG Group Holdings plc (LON:IGG)‘s stock had its “buy” rating reissued by research analysts at Liberum Capital in a note issued to investors on Tuesday. They presently have a GBX 986 ($12.87) price target on the stock. Liberum Capital’s target price would indicate a potential upside of 8.71% from the stock’s current price.
Other equities research analysts have also issued research reports about the company. Barclays PLC restated an “overweight” rating and set a GBX 900 ($11.75) target price on shares of IG Group Holdings plc in a research report on Thursday, June 30th. FinnCap restated a “sell” rating on shares of IG Group Holdings plc in a research report on Friday, July 8th. Numis Securities Ltd restated a “hold” rating and set a GBX 794 ($10.36) target price on shares of IG Group Holdings plc in a research report on Tuesday, July 19th. Shore Capital restated a “sell” rating on shares of IG Group Holdings plc in a research report on Tuesday, July 19th. Finally, Royal Bank Of Canada increased their price target on IG Group Holdings plc from GBX 815 ($10.64) to GBX 865 ($11.29) and gave the stock a “sector perform” rating in a report on Wednesday, July 20th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of GBX 889 ($11.60).
IG Group Holdings plc (LON:IGG) opened at 906.00 on Tuesday. IG Group Holdings plc has a 52-week low of GBX 696.00 and a 52-week high of GBX 967.64. The firm’s market cap is GBX 3.31 billion. The firm’s 50 day moving average price is GBX 928.61 and its 200 day moving average price is GBX 825.90.
The business also recently announced a dividend, which will be paid on Friday, October 28th. Stockholders of record on Thursday, September 29th will be issued a GBX 22.95 ($0.30) dividend. This represents a dividend yield of 2.7%. The ex-dividend date of this dividend is Thursday, September 29th. This is a positive change from IG Group Holdings plc’s previous dividend of $8.45.
In related news, insider Hetherington,Peter G bought 204 shares of the company’s stock in a transaction dated Tuesday, August 2nd. The shares were bought at an average price of GBX 880 ($11.49) per share, for a total transaction of £1,795.20 ($2,343.30).
IG Group Holdings plc Company Profile
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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