IG Group (LON:IGG – Get Free Report)‘s stock had its “hold” rating reaffirmed by equities research analysts at Peel Hunt in a research note issued to investors on Friday, MarketBeat.com reports. They currently have a GBX 1,100 target price on the stock. Peel Hunt’s target price suggests a potential upside of 11.11% from the stock’s current price.
Several other equities analysts have also recently commented on IGG. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 2,000 target price on shares of IG Group in a research note on Friday, July 31st. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 1,250 price objective on shares of IG Group in a report on Friday, July 31st. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 1,850 price objective on shares of IG Group in a research note on Friday, August 14th. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of GBX 1,550.
Get Our Latest Stock Analysis on IG Group
IG Group Trading Down 22.6%
IG Group (LON:IGG – Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The company reported GBX 68.90 EPS for the quarter. IG Group had a return on equity of 19.99% and a net margin of 30.26%. Equities analysts predict that IG Group will post 104.0295119 earnings per share for the current year.
Insiders Place Their Bets
In other IG Group news, insider Clifford Abrahams acquired 5,000 shares of IG Group stock in a transaction dated Friday, August 7th. The stock was bought at an average price of GBX 1,331 per share, for a total transaction of £66,550. Also, insider Andrew Barron acquired 36,416 shares of the stock in a transaction dated Monday, August 10th. The stock was acquired at an average cost of GBX 1,372 per share, for a total transaction of £499,627.52. Over the last three months, insiders have acquired 43,613 shares of company stock worth $59,601,278. 1.20% of the stock is owned by corporate insiders.
IG Group News Roundup
Here are the key news stories impacting IG Group this week:
- Neutral Sentiment: IG Group expects third-quarter revenue of approximately £240 million. The update provides investors with a clearer earnings base, but the figure reflects a significant slowdown in trading activity. IG Group Expects Q3 Revenue of About £240 Million, Updates 2026 Outlook
- Neutral Sentiment: Peel Hunt reaffirmed its Hold rating and set a GBX 1,100 price target, indicating limited near-term conviction despite the stock’s lower valuation. IG Group’s Hold Rating Reaffirmed at Peel Hunt
- Negative Sentiment: Third-quarter revenue fell approximately 14%, primarily because of weaker over-the-counter trading. The decline prompted management to lower its 2026 revenue-growth outlook, a major reason for the market’s negative reaction. IG Group Lowers 2026 Revenue Growth Outlook
- Negative Sentiment: The weaker OTC performance suggests reduced customer trading activity and lower revenue generation across a core business line. Reports also describe the shares reaching a new 12-month low as investors reassessed earnings expectations. IG Group Cuts 2026 Revenue Outlook on Weaker OTC Trading
About IG Group
IG Group Holdings plc (“IG”) is a FTSE 100 financial technology company operating at the intersection of retail trading, technology and capital markets. Through its trusted brands – IG, tastytrade, Freetrade and Independent Reserve – the Group serves over 1.3 million customers worldwide, providing leveraged trading, stock trading and investments, and cryptocurrency trading via its proprietary platforms. For more information, visit www.iggroup.com.
See Also
- Five stocks we like better than IG Group
- Carnival and CarMax Pop on Strong Earnings, but Challenges Remain
- 3 Income Stocks Under $30 That Yield More Than the 10-Year Treasury Note
- 3 AI Winners, 3 Very Different Paths to Higher Margins
- Plexus Is Booming—But Can the Growth Story Last?
Receive News & Ratings for IG Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IG Group and related companies with MarketBeat.com's FREE daily email newsletter.
