Citigroup Inc. reiterated their neutral rating on shares of IG Group Holdings plc (LON:IGG) in a report published on Thursday. Citigroup Inc. currently has a GBX 600 ($7.82) price objective on the stock.
IGG has been the topic of a number of other research reports. Numis Securities Ltd restated a hold rating and set a GBX 598 ($7.79) price objective on shares of IG Group Holdings plc in a research report on Tuesday, July 18th. Shore Capital reiterated a hold rating on shares of IG Group Holdings plc in a research report on Wednesday, May 31st. Finally, Liberum Capital reiterated an under review rating on shares of IG Group Holdings plc in a research report on Wednesday, May 31st. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. IG Group Holdings plc currently has an average rating of Hold and an average price target of GBX 732.20 ($9.54).
Shares of IG Group Holdings plc (LON:IGG) traded down 2.23% during trading on Thursday, reaching GBX 614.50. 824,136 shares of the company traded hands. IG Group Holdings plc has a 12-month low of GBX 441.70 and a 12-month high of GBX 967.64. The firm’s 50 day moving average is GBX 582.33 and its 200-day moving average is GBX 545.78. The stock’s market capitalization is GBX 2.25 billion.
The firm also recently declared a dividend, which will be paid on Friday, October 27th. Shareholders of record on Thursday, September 28th will be given a GBX 22.88 ($0.30) dividend. The ex-dividend date is Thursday, September 28th. This is an increase from IG Group Holdings plc’s previous dividend of $9.42. This represents a yield of 3.54%.
About IG Group Holdings plc
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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