IG Group Holdings plc (IGG) Insider Paul Mainwaring Buys 30,000 Shares
IG Group Holdings plc (LON:IGG) insider Paul Mainwaring purchased 30,000 shares of IG Group Holdings plc stock in a transaction dated Monday, October 17th. The stock was bought at an average price of GBX 849 ($10.35) per share, with a total value of £254,700 ($310,420.48).
IG Group Holdings plc (LON:IGG) traded down 0.42% during midday trading on Tuesday, reaching GBX 833.00. The company had a trading volume of 741,104 shares. IG Group Holdings plc has a 52 week low of GBX 696.00 and a 52 week high of GBX 967.64. The company’s market capitalization is GBX 3.05 billion. The firm has a 50-day moving average price of GBX 901.33 and a 200-day moving average price of GBX 838.71.
IGG has been the subject of several recent research reports. Liberum Capital reiterated a “buy” rating and issued a GBX 986 ($12.02) price target on shares of IG Group Holdings plc in a research report on Tuesday, September 20th. Numis Securities Ltd reiterated a “hold” rating and issued a GBX 794 ($9.68) price target on shares of IG Group Holdings plc in a research report on Tuesday, September 20th. Barclays PLC reiterated an “overweight” rating and issued a GBX 950 ($11.58) price target on shares of IG Group Holdings plc in a research report on Monday, October 3rd. Royal Bank Of Canada lifted their price target on IG Group Holdings plc from GBX 815 ($9.93) to GBX 865 ($10.54) and gave the company a “sector perform” rating in a research report on Wednesday, July 20th. Finally, Shore Capital reiterated a “sell” rating on shares of IG Group Holdings plc in a research report on Tuesday, July 19th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the company. IG Group Holdings plc presently has an average rating of “Hold” and a consensus price target of GBX 889 ($10.83).
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IG Group Holdings plc Company Profile
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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