Shares of IG Group Holdings plc (LON:IGG - Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 1,012.70 ($13.79) and traded as high as GBX 1,078 ($14.67). IG Group shares last traded at GBX 1,060 ($14.43), with a volume of 1,948,453 shares traded.
Wall Street Analyst Weigh In
Several analysts have commented on IGG shares. Berenberg Bank reaffirmed a "buy" rating and issued a GBX 2,600 ($35.39) target price on shares of IG Group in a research note on Thursday, May 29th. Canaccord Genuity Group boosted their price objective on shares of IG Group from GBX 782 ($10.65) to GBX 1,099 ($14.96) and gave the company a "buy" rating in a research note on Friday, May 30th. Finally, Shore Capital reissued a "buy" rating on shares of IG Group in a research note on Thursday, March 13th. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, IG Group presently has an average rating of "Buy" and an average target price of GBX 1,466 ($19.96).
Read Our Latest Stock Report on IG Group
IG Group Trading Up 0.2%
The business's 50-day moving average is GBX 1,080.52 and its two-hundred day moving average is GBX 1,012.70. 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 stock has a market capitalization of £3.77 billion, a PE ratio of 7.08, a PEG ratio of -1.44 and a beta of 0.55.
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.
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