Analysts Set IG Group Holdings plc (LON:IGG) Target Price at GBX 1,302

IG Group Holdings plc (LON:IGG) has received an average rating of “Buy” from the seven ratings firms that are presently covering the stock, MarketBeat reports. Seven equities research analysts have rated the stock with a buy rating. The average 12 month price target among brokerages that have covered the stock in the last year is GBX 1,302.

Separately, Deutsche Bank Aktiengesellschaft started coverage on shares of IG Group in a research note on Tuesday, December 2nd. They issued a “buy” rating and a GBX 1,300 price objective on the stock.

IG Group Stock Down 0.3%

IG Group stock opened at GBX 1,361.78 on Friday. The firm has a fifty day moving average price of GBX 1,318.66 and a two-hundred day moving average price of GBX 1,183.50. IG Group has a fifty-two week low of GBX 860 and a fifty-two week high of GBX 1,388. The firm has a market cap of £4.59 billion, a price-to-earnings ratio of 12.96, a P/E/G ratio of -1.44 and a beta of 0.55. The company has a debt-to-equity ratio of 17.04, a current ratio of 2.47 and a quick ratio of 2.40.

About IG Group

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. IG Group continues to innovate its offering for the new generation of tomorrow’s
investors through its IG, tastytrade, IG Prime, Spectrum, and DailyFX brands.

Established in 1974, IG Group is a London-headquartered FTSE 250 company offering its clients access to ~19,000
financial markets through its offices spread across Europe, North America, Africa, Asia-Pacific and the Middle East.