IG Group Holdings plc (LON:IGG)‘s stock had its “hold” rating reiterated by investment analysts at Numis Securities Ltd in a report released on Tuesday. They presently have a GBX 794 ($10.36) price objective on the stock. Numis Securities Ltd’s price objective suggests a potential downside of 14.25% from the stock’s previous close.

IGG has been the subject of several other research reports. Royal Bank Of Canada upped their target price on IG Group Holdings plc from GBX 800 ($10.44) to GBX 815 ($10.64) and gave the stock a “sector performer” rating in a research report on Friday, June 3rd. Liberum Capital reaffirmed a “buy” rating and issued a GBX 986 ($12.87) target price on shares of IG Group Holdings plc in a research report on Tuesday. Barclays PLC reaffirmed an “overweight” rating and issued a GBX 900 ($11.75) target price on shares of IG Group Holdings plc in a research report on Thursday, June 30th. Shore Capital reaffirmed a “sell” rating on shares of IG Group Holdings plc in a research report on Tuesday, July 19th. Finally, FinnCap reaffirmed a “sell” rating on shares of IG Group Holdings plc in a research report on Friday, July 8th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of GBX 889 ($11.60).

IG Group Holdings plc (LON:IGG) opened at 897.50 on Tuesday. The firm’s 50-day moving average price is GBX 928.41 and its 200 day moving average price is GBX 824.05. IG Group Holdings plc has a 52-week low of GBX 696.00 and a 52-week high of GBX 967.64. The firm’s market cap is GBX 3.28 billion.

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The firm also recently declared a dividend, which will be paid on Friday, October 28th. Investors of record on Thursday, September 29th will be issued a GBX 22.95 ($0.30) dividend. The ex-dividend date is Thursday, September 29th. This represents a yield of 2.7%. This is an increase from IG Group Holdings plc’s previous dividend of $8.45.

In other IG Group Holdings plc news, insider Hetherington,Peter G purchased 204 shares of IG Group Holdings plc stock in a transaction that occurred on Tuesday, August 2nd. The stock was purchased at an average price of GBX 880 ($11.49) per share, with a total value of £1,795.20 ($2,343.30).

About IG Group Holdings plc

IG Group Holdings plc is a United Kingdom-based company, which is engaged in online trading. The Company’s segments include UK, Australia, Europe and Rest of World. The Company’s United Kingdom (UK) segment consists of its operations in the UK and Ireland. The Company’s Europe segment consists of its operations in France, Germany, Italy, Luxembourg, the Netherlands, Norway, Spain, Sweden and Switzerland.

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