IG Group Holdings plc (LON:IGG - Get Free Report) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,002.73 ($13.54) and traded as high as GBX 1,105 ($14.92). IG Group shares last traded at GBX 1,076.44 ($14.53), with a volume of 1,652,618 shares.
Analyst Upgrades and Downgrades
A number of brokerages have recently weighed in on IGG. Shore Capital restated a "buy" rating on shares of IG Group in a research report on Thursday, March 13th. Canaccord Genuity Group increased their price objective on shares of IG Group from GBX 782 ($10.56) to GBX 1,099 ($14.84) and gave the company a "buy" rating in a research note on Friday, May 30th. Finally, Berenberg Bank restated a "buy" rating and set a GBX 2,600 ($35.10) target price on shares of IG Group in a research report on Thursday, May 29th. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock presently has an average rating of "Buy" and a consensus target price of GBX 1,466 ($19.79).
Check Out Our Latest Stock Analysis on IG Group
IG Group Stock Down 0.7%
The company has a market cap of £3.80 billion, a PE ratio of 7.15, a P/E/G ratio of -1.44 and a beta of 0.55. The firm has a 50-day simple moving average of GBX 1,056.31 and a two-hundred day simple moving average of GBX 1,004.60. The company has a debt-to-equity ratio of 17.04, a current ratio of 2.47 and a quick ratio of 2.40.
IG Group Company Profile
(
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.
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