IG Group Holdings plc Receives “Hold” Rating from Liberum Capital (IGG)
IG Group Holdings plc (LON:IGG)‘s stock had its “hold” rating restated by research analysts at Liberum Capital in a report released on Friday. They currently have a GBX 650 ($10.94) price target on the stock. Liberum Capital’s target price would indicate a potential upside of 4.00% from the stock’s previous close.
IG Group Holdings plc (LON:IGG) traded up 0.77% on Friday, hitting GBX 625.7643. 646,126 shares of the company’s stock traded hands. 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 590.6 and a 200-day moving average of GBX 613.0. The company’s market cap is £2.284 billion.
The company also recently declared a dividend, which is scheduled for Tuesday, November 18th. Stockholders of record on Thursday, October 23rd will be given a dividend of GBX 22.40 ($0.38) per share. This represents a yield of 3.62%. The ex-dividend date of this dividend is Thursday, October 23rd.
A number of other analysts have also recently weighed in on IGG. Analysts at Citigroup Inc. reiterated a “buy” rating on shares of IG Group Holdings plc in a research note on Tuesday. They now have a GBX 700 ($11.78) 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 Tuesday, July 22nd. They now have a GBX 679 ($11.43) 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 Tuesday, July 22nd. They now have a GBX 665 ($11.19) price target on the stock. Four analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of GBX 674.13 ($11.34).
IG Group Holdings plc is a United Kingdom-based company which provides retail traders with access to the financial markets.
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