Several other brokerages have also recently issued reports on IGG. Numis Securities Ltd reissued a hold rating and issued a GBX 794 ($10.36) price objective on shares of IG Group Holdings plc in a research note on Tuesday, September 20th. Liberum Capital reissued a buy rating and issued a GBX 986 ($12.87) price objective on shares of IG Group Holdings plc in a research note on Tuesday, September 20th. Royal Bank Of Canada upped their target price 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. Shore Capital restated a sell rating on shares of IG Group Holdings plc in a report on Tuesday, July 19th. Finally, FinnCap restated a sell rating on shares of IG Group Holdings plc in a report on Friday, July 8th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the stock. The company has a consensus rating of Hold and an average price target of GBX 889 ($11.60).
Shares of IG Group Holdings plc (LON:IGG) opened at 884.00 on Wednesday. IG Group Holdings plc has a one year low of GBX 696.00 and a one year high of GBX 967.64. The company’s market cap is GBX 3.23 billion. The company has a 50 day moving average price of GBX 929.40 and a 200 day moving average price of GBX 826.86.
The firm also recently disclosed a dividend, which will be paid on Friday, October 28th. Stockholders of record on Thursday, September 29th will be issued a dividend of GBX 22.95 ($0.30) per share. This represents a dividend yield of 2.7%. The ex-dividend date is Thursday, September 29th. This is a positive change from IG Group Holdings plc’s previous dividend of $8.45.
In other IG Group Holdings plc news, insider Hetherington,Peter G acquired 204 shares of the firm’s stock in a transaction dated Tuesday, August 2nd. The stock was purchased at an average price of GBX 880 ($11.49) per share, for a total transaction of £1,795.20 ($2,343.30).
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.
Receive News & Ratings for IG Group Holdings plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IG Group Holdings plc and related companies with MarketBeat.com's FREE daily email newsletter.