IG Group (IGG) Given New GBX 820 Price Target at Numis Securities

IG Group (LON:IGG) had its price objective lifted by Numis Securities from GBX 781 ($11.18) to GBX 820 ($11.74) in a report issued on Thursday, March 22nd. The firm currently has a hold rating on the stock.

Several other equities research analysts also recently commented on the stock. Barclays upped their price target on shares of IG Group from GBX 650 ($9.31) to GBX 920 ($13.17) and gave the company an overweight rating in a research report on Wednesday, January 3rd. Liberum Capital reiterated an under review rating on shares of IG Group in a research note on Friday, January 12th. Finally, Shore Capital reiterated a hold rating on shares of IG Group in a research note on Tuesday, December 5th. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company currently has a consensus rating of Hold and a consensus price target of GBX 833.50 ($11.93).

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Shares of LON:IGG traded down GBX 44 ($0.63) during mid-day trading on Thursday, hitting GBX 775 ($11.10). The stock had a trading volume of 2,034,188 shares, compared to its average volume of 1,280,000. IG Group has a 12-month low of GBX 487.82 ($6.98) and a 12-month high of GBX 837.50 ($11.99).

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IG Group Company Profile

IG Group Holdings plc engages in online trading business worldwide. The company, through its platform, offers contracts for difference, which are derivatives that enable clients to take the advantage of changes in an asset's price without owning the asset itself; and financial spread betting services.

Analyst Recommendations for IG Group (LON:IGG)

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