IG Group Holdings Price Target Raised to $9.54 at Espirito Santo Investment Bank Research (IGG)
IG Group Holdings (LON: IGG) had its price target increased by Espirito Santo Investment Bank Research from $7.62 (504 GBX) to $9.54 (632 GBX) in a research report sent to investors on Friday morning. The firm currently has a buy rating on the stock.
IG Group Holdings (LON: IGG) traded down 0.27% on Friday, hitting GBX 558.00. IG Group Holdings has a 1-year low of GBX 413.80 and a 1-year high of GBX 572.00. The stock’s 50-day moving average is currently GBX 447.1. The company’s market cap is £2.024 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Citigroup raised their price target on shares of IG Group Holdings from $7.47 to $9.33 in a research note to investors on Thursday, March 14th. They now have a buy rating on the stock. Separately, analysts at Barclays Capital reiterated an overweight rating on shares of IG Group Holdings in a research note to investors on Wednesday, March 13th. They now have a $7.47 price target on the stock. Finally, analysts at Canaccord Genuity raised their price target on shares of IG Group Holdings from $5.97 to $7.47 in a research note to investors on Tuesday, March 12th. They now have a hold rating on the stock.
One analyst has rated the stock with a hold rating and six have given a buy rating to the company. The stock currently has an average rating of Buy and an average target price of $8.51 (563 GBX).
IG Group Holdings plc is a United Kingdom-based company. The Company is the global provider of contracts for difference (LON: IGG) and spread betting to retail investors.
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