Berenberg Bank started coverage on shares of IG Design Group (LON:IGR) in a research note published on Thursday. The firm issued a buy rating and a GBX 500 ($6.91) price objective on the stock.

Shares of IG Design Group (LON IGR) opened at GBX 416 ($5.75) on Thursday. The stock has a market cap of $268.96 and a price-to-earnings ratio of 2,600.00. IG Design Group has a 52 week low of GBX 202.50 ($2.80) and a 52 week high of GBX 440 ($6.08).

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IG Design Group Company Profile

IG Design Group plc, formerly International Greetings plc, is engaged in the design, manufacture and distribution of gift packaging and greetings; stationery and creative play products, and design-led giftware. The Company’s geographic segments include UK and Asia; Europe; USA, and Australia. The Company sells its products in over 150,000 stores across approximately 80 countries.

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