IG Group Holdings plc (LON:IGG - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 995.79 ($13.40) and traded as high as GBX 1,127 ($15.16). IG Group shares last traded at GBX 1,121.27 ($15.09), with a volume of 1,423,001 shares traded.
Analysts Set New Price Targets
Several equities analysts have recently issued reports on the company. Canaccord Genuity Group boosted their target price on IG Group from GBX 782 ($10.52) to GBX 1,099 ($14.79) and gave the stock a "buy" rating in a research report on Friday. Shore Capital restated a "buy" rating on shares of IG Group in a research note on Thursday, March 13th. Finally, Berenberg Bank restated a "buy" rating and issued a GBX 2,600 ($34.98) target price on shares of IG Group in a research note on Thursday. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat, the stock currently has a consensus rating of "Buy" and an average price target of GBX 1,466 ($19.73).
View Our Latest Report on IGG
IG Group Trading Up 0.4%
The company has a market cap of £3.98 billion, a P/E ratio of 7.50, a PEG ratio of -1.44 and a beta of 0.55. The company has a current ratio of 2.47, a quick ratio of 2.40 and a debt-to-equity ratio of 17.04. The business has a 50 day moving average price of GBX 1,040.80 and a 200-day moving average price of GBX 997.22.
About IG Group
(
Get Free Report)
IG Group LSEG: IGG is an innovative, global fintech company that delivers dynamic online trading platforms and a
robust educational ecosystem to power the pursuit of financial freedom for the ambitious. For nearly five decades,
the Company has evolved its technology, risk management, financial products, content, and platforms to meet the
needs of its retail and institutional clients.
Read More
Before you consider IG Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and IG Group wasn't on the list.
While IG Group currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are hedge funds and endowments buying in today's market? Enter your email address and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying now.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
