IG Design Group’s (IGR) Buy Rating Reiterated at Canaccord Genuity Group

Canaccord Genuity Group reiterated their buy rating on shares of IG Design Group (LON:IGR) in a report published on Tuesday morning, Marketbeat reports. The brokerage currently has a GBX 120 target price on the stock.

IG Design Group Stock Performance

Shares of IGR opened at GBX 52 on Tuesday. The firm has a market capitalization of £49.56 million, a P/E ratio of -0.50 and a beta of 1.08. The company has a debt-to-equity ratio of 35.81, a current ratio of 1.88 and a quick ratio of 0.85. IG Design Group has a one year low of GBX 44 and a one year high of GBX 159. The business has a fifty day moving average of GBX 52.57 and a 200 day moving average of GBX 63.80.

IG Design Group Company Profile

IG Design Group plc, the largest consumer gift packaging business in the world, is a designer, innovator and manufacturer of products that help people celebrate life’s special occasions. Design Group works with more than 11,000 customers in over 80 countries throughout the UK, Europe, Australia and the USA.

Its products are found in over 210,000 retail outlets, including several of the world’s biggest retailers, for example Walmart, Target, Amazon, Costco, Lidl and Aldi.