IG Group (IGG) Rating Reiterated by Liberum Capital

IG Group (LON:IGG)‘s stock had its “under review” rating restated by analysts at Liberum Capital in a research note issued on Friday.

Several other equities analysts have also issued reports on IGG. Shore Capital reaffirmed a “hold” rating on shares of IG Group in a research report on Thursday, September 21st. Numis Securities raised IG Group to an “add” rating and lifted their price target for the stock from GBX 638 ($8.65) to GBX 697 ($9.45) in a research report on Thursday, September 21st. Finally, Barclays lifted their price target on IG Group from GBX 650 ($8.81) to GBX 920 ($12.48) and gave the stock an “overweight” rating in a research report on Wednesday, January 3rd. Three investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of GBX 739 ($10.02).

IG Group (LON IGG) traded up GBX 2.50 ($0.03) on Friday, hitting GBX 759.50 ($10.30). The stock had a trading volume of 997,411 shares, compared to its average volume of 1,370,000. The stock has a market cap of $2,790.00 and a price-to-earnings ratio of 1,651.09. IG Group has a 12-month low of GBX 487.82 ($6.62) and a 12-month high of GBX 797 ($10.81).

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About IG Group

IG Group Holdings plc is a United Kingdom-based company, which is engaged in online trading. The Company provides contracts for difference (CFDs) in over 17 countries globally. The Company’s segments include UK, Australia, Europe and Rest of World. The UK segment consists of its operations in the United Kingdom and Ireland, and derives its revenue from financial spread bets, CFDs, binary options and execution only stockbroking.

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