IG Group Holdings Receives “Add” Rating from Numis Securities Ltd (IGG)
IG Group Holdings (LON:IGG)‘s stock had its “add” rating restated by analysts at Numis Securities Ltd in a research report issued to clients and investors on Tuesday, AnalystRatings.Net reports. They currently have a GBX 665 ($10.96) target price on the stock. Numis Securities Ltd’s price objective would indicate a potential upside of 6.06% from the company’s current price.
IG Group Holdings (LON:IGG) opened at 633.62 on Tuesday. IG Group Holdings has a one year low of GBX 441.60 and a one year high of GBX 632.00. The stock’s 50-day moving average is GBX 597.5 and its 200-day moving average is GBX 591.8. The company’s market cap is £2.304 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of IG Group Holdings in a research note to investors on Tuesday. They now have a GBX 666 ($10.98) price target on the stock. Separately, analysts at Investec reiterated a “buy” rating on shares of IG Group Holdings in a research note to investors on Wednesday, January 8th. They now have a GBX 700 ($11.54) price target on the stock. Finally, analysts at Barclays reiterated an “overweight” rating on shares of IG Group Holdings in a research note to investors on Friday, January 3rd. They now have a GBX 650 ($10.71) price target on the stock. Two equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of GBX 666.91 ($10.99).
IG Group Holdings plc is a United Kingdom-based company. The Company is engaged in derivative trading services, providing financial contracts for difference, spread betting and exchange-traded derivatives to retail investors worldwide.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.