IG Group Holdings plc Receives “Overweight” Rating from Barclays (IGG)
Other equities research analysts have also recently issued reports about the stock. Analysts at Canaccord Genuity cut their price target on shares of IG Group Holdings plc from GBX 711 ($12.20) to GBX 659 ($11.30) in a research note on Monday, June 16th. They now have a “buy” rating on the stock. Separately, analysts at Citigroup Inc. reiterated a “buy” rating on shares of IG Group Holdings plc in a research note on Tuesday, June 3rd. They now have a GBX 700 ($12.01) price target on the stock. Four investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. IG Group Holdings plc presently has an average rating of “Buy” and a consensus price target of GBX 674.13 ($11.56).
Shares of IG Group Holdings plc (LON:IGG) traded down 1.60% during mid-day trading on Thursday, hitting GBX 566.311. The stock had a trading volume of 524,935 shares. IG Group Holdings plc has a 1-year low of GBX 545.50 and a 1-year high of GBX 656.00. The stock has a 50-day moving average of GBX 583.9 and a 200-day moving average of GBX 616.1. The company’s market cap is £2.064 billion.
IG Group Holdings plc is a United Kingdom-based company which provides retail traders with access to the financial markets.
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