IG Group Holdings plc (LON:IGG - Get Free Report)'s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,002.73 ($13.57) and traded as high as GBX 1,105 ($14.95). IG Group shares last traded at GBX 1,076.44 ($14.56), with a volume of 1,652,618 shares traded.
Wall Street Analysts Forecast Growth
A number of brokerages recently commented on IGG. Canaccord Genuity Group increased their price target on IG Group from GBX 782 ($10.58) to GBX 1,099 ($14.87) and gave the company a "buy" rating in a research note on Friday, May 30th. Shore Capital reaffirmed a "buy" rating on shares of IG Group in a report on Thursday, March 13th. Finally, Berenberg Bank reiterated a "buy" rating and set a GBX 2,600 ($35.17) target price on shares of IG Group in a research report on Thursday, May 29th. Five analysts have rated the stock with a buy rating, According to data from MarketBeat, the company currently has an average rating of "Buy" and a consensus target price of GBX 1,466 ($19.83).
Read Our Latest Analysis on IGG
IG Group Stock Performance
The business's fifty day moving average price is GBX 1,054.10 and its two-hundred day moving average price is GBX 1,002.73. The company has a debt-to-equity ratio of 17.04, a quick ratio of 2.40 and a current ratio of 2.47. The stock has a market capitalization of £3.82 billion, a P/E ratio of 7.18, a P/E/G ratio of -1.44 and a beta of 0.55.
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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