IG Group Holdings plc (LON:IGG)‘s stock had its “overweight” rating reaffirmed by Barclays PLC in a report issued on Monday. They currently have a GBX 950 ($12.40) price target on the stock. Barclays PLC’s target price would indicate a potential upside of 9.07% from the stock’s previous close.
A number of other research firms have also commented on IGG. Numis Securities Ltd reaffirmed a “hold” rating and issued a GBX 794 ($10.36) price target on shares of IG Group Holdings plc in a report on Friday. FinnCap reaffirmed a “sell” rating on shares of IG Group Holdings plc in a report on Friday, July 8th. Shore Capital reaffirmed a “sell” rating on shares of IG Group Holdings plc in a report on Tuesday, July 19th. Royal Bank Of Canada raised their price target on IG Group Holdings plc from GBX 815 ($10.64) to GBX 865 ($11.29) and gave the stock a “sector perform” rating in a report on Wednesday, July 20th. Finally, Liberum Capital raised IG Group Holdings plc to a “buy” rating and raised their price target for the stock from GBX 770 ($10.05) to GBX 986 ($12.87) in a report on Tuesday, August 16th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of GBX 889 ($11.60).
Shares of IG Group Holdings plc (LON:IGG) opened at 871.1493 on Monday. IG Group Holdings plc has a 1-year low of GBX 696.00 and a 1-year high of GBX 967.64. The firm’s 50 day moving average is GBX 925.95 and its 200-day moving average is GBX 832.24. The company’s market cap is GBX 3.19 billion.
The company also recently declared a dividend, which will be paid on Friday, October 28th. Shareholders of record on Thursday, September 29th will be given a dividend of GBX 22.95 ($0.30) per share. This is an increase from IG Group Holdings plc’s previous dividend of $8.45. The ex-dividend date of this dividend is Thursday, September 29th. This represents a yield of 2.7%.
In other news, insider Hetherington,Peter G purchased 204 shares of the stock in a transaction on Tuesday, August 2nd. The shares were acquired at an average price of GBX 880 ($11.49) per share, for a total transaction of £1,795.20 ($2,343.30).
IG Group Holdings plc Company Profile
IG Group Holdings plc is a United Kingdom-based company, which is engaged in online trading. The Company’s segments include UK, Australia, Europe and Rest of World. The Company’s United Kingdom (UK) segment consists of its operations in the UK and Ireland. The Company’s Europe segment consists of its operations in France, Germany, Italy, Luxembourg, the Netherlands, Norway, Spain, Sweden and Switzerland.
Receive News & Ratings for IG Group Holdings plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IG Group Holdings plc and related companies with MarketBeat.com's FREE daily email newsletter.