IGG has been the subject of several other reports. Barclays reissued an overweight rating on shares of IG Group in a report on Friday, September 21st. Shore Capital reissued a hold rating on shares of IG Group in a report on Thursday, September 27th. Finally, Citigroup boosted their price objective on shares of IG Group from GBX 520 ($6.79) to GBX 850 ($11.11) and gave the company a neutral rating in a report on Friday, September 28th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock currently has a consensus rating of Buy and an average target price of GBX 957.25 ($12.51).
IGG opened at GBX 610.50 ($7.98) on Tuesday. IG Group has a twelve month low of GBX 487.82 ($6.37) and a twelve month high of GBX 837.50 ($10.94).
About IG Group
IG Group Holdings plc provides leveraged derivatives and spread betting under the IG brand worldwide. Its CFDs (contracts for difference) are derivatives contracts that enable clients to take advantage of changes in an asset's price. The company also offers clients access to a range of risk-mitigation measures, including stops and limits and a limited risk account; and products, such as share dealing and investment portfolios, as well as enables clients to hold their investments in ISAs and SIPPs.
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