Numis Securities Ltd reiterated their hold rating on shares of IG Group Holdings plc (LON:IGG) in a research note published on Friday morning. Numis Securities Ltd currently has a GBX 794 ($10.36) target price on the stock.
Other research analysts have also recently issued research reports about the stock. Barclays PLC restated an overweight rating and set a GBX 950 ($12.40) target price on shares of IG Group Holdings plc in a research note on Wednesday, September 21st. Liberum Capital restated a buy rating and set a GBX 986 ($12.87) target price on shares of IG Group Holdings plc in a research note on Tuesday, September 20th. Royal Bank Of Canada lifted their target price on shares of IG Group Holdings plc from GBX 815 ($10.64) to GBX 865 ($11.29) and gave the company a sector perform rating in a research note on Wednesday, July 20th. Shore Capital restated a sell rating on shares of IG Group Holdings plc in a research note on Tuesday, July 19th. Finally, FinnCap restated a sell rating on shares of IG Group Holdings plc in a research note on Friday, July 8th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company’s stock. IG Group Holdings plc has an average rating of Hold and a consensus target price of GBX 889 ($11.60).
IG Group Holdings plc (LON:IGG) opened at 882.50 on Friday. The company’s market capitalization is GBX 3.23 billion. The stock’s 50 day moving average price is GBX 922.92 and its 200-day moving average price is GBX 834.28. IG Group Holdings plc has a 52 week low of GBX 696.00 and a 52 week high of GBX 967.64.
The business also recently declared a dividend, which will be paid on Friday, October 28th. Shareholders of record on Thursday, September 29th will be paid a GBX 22.95 ($0.30) dividend. The ex-dividend date of this dividend is Thursday, September 29th. This represents a yield of 2.7%. This is a boost from IG Group Holdings plc’s previous dividend of $8.45.
In related news, insider Hetherington,Peter G purchased 204 shares of the firm’s 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.
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