IG Group Holdings plc (LON:IGG) Earns Hold Rating from Shore Capital
IG Group Holdings plc (LON:IGG)‘s stock had its “hold” rating restated by stock analysts at Shore Capital in a research report issued on Tuesday.
IGG has been the topic of several other reports. Numis Securities Ltd reiterated an “add” rating and set a GBX 607 ($7.93) target price on shares of IG Group Holdings plc in a research report on Thursday, March 23rd. Liberum Capital reiterated an “under review” rating on shares of IG Group Holdings plc in a research report on Thursday, March 23rd. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of GBX 716.20 ($9.35).
IG Group Holdings plc (LON:IGG) opened at 592.00 on Tuesday. IG Group Holdings plc has a one year low of GBX 441.70 and a one year high of GBX 967.64. The company has a 50-day moving average of GBX 569.10 and a 200 day moving average of GBX 531.91. The firm’s market capitalization is GBX 2.17 billion.
About IG Group Holdings plc
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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