IG Group Holdings plc Given Consensus Recommendation of “Buy” by Brokerages (LON:IGG)
IG Group Holdings plc (LON:IGG) has received a consensus recommendation of “Buy” from the nine analysts that are currently covering the stock, Stock Ratings Network reports. Four analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is GBX 677.22 ($11.39).
Shares of IG Group Holdings plc (LON:IGG) traded down 1.66% on Thursday, hitting GBX 593.50. The stock had a trading volume of 866,983 shares. IG Group Holdings plc has a one year low of GBX 545.50 and a one year high of GBX 656.00. The stock has a 50-day moving average of GBX 628.3 and a 200-day moving average of GBX 618.. The company’s market cap is £2.163 billion.
Several analysts have recently commented on the stock. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of IG Group Holdings plc in a research note on Thursday. They now have a GBX 711 ($11.96) price target on the stock. Separately, analysts at Espirito Santo Investment Bank Research reiterated a “neutral” rating on shares of IG Group Holdings plc in a research note on Thursday. They now have a GBX 679 ($11.42) price target on the stock. Finally, analysts at Numis Securities Ltd reiterated an “add” rating on shares of IG Group Holdings plc in a research note on Thursday. They now have a GBX 665 ($11.19) price target on the stock.
IG Group Holdings plc is a United Kingdom-based company which provides retail traders with access to the financial markets.
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.