A statement released earlier today by Liberum Capital about IG Group Holdings PLC (LON:IGG) maintains the target price at 986.00GBX
- Updated: September 19, 2016
Liberum Capital held the target price of IG Group Holdings PLC (LON:IGG) at 986GBX, reporting a possible upside of 0.10%.
Previously on 8/16/2016, Liberum Capital released a statement on IG Group Holdings PLC(LON:IGG) raised the target price from 770.00GBX to 986.00GBX. At the time, this suggested an upside of 0.06%.
Yesterday IG Group Holdings PLC (LON:IGG) traded 3.19% lower at 895.00GBX. The company’s 50-day average is 928.41GBX and its two hundred day average is 824.05GBX. With the last stock close up 8.79% from the 200-day moving average, compared with the S&P 500 Index which has fallen -0.01% over the same period. Volume of trade was up over the average, with 1,186,809 shares of IGG changing hands over the typical 694,792 shares..
See Graph Below:
IG Group Holdings PLC has a 52 week low of 696.00GBX and a 52 week high of 967.64GBX with a P/E ratio of 20. IG Group Holdings PLC’s market cap is currently 0.0 GBX.
A total of 5 equity analysts have issued a research note on IGG. One firm rate the stock a strong buy, one firm rate the company a buy, three analyts rate the company a hold, one brokerage rate the stock to underperform, and finally 0 analystsrate the company as sell with a consensus target of 818.00GBX
About IG Group Holdings PLC (LON:IGG)
IG Group Holdings plc is a United Kingdom-based company, which is engaged in online trading. The Company provides contracts for difference (CFDs) in over 17 countries globally. The Company’s segments include UK, Australia, Europe and Rest of World. The UK segment consists of its operations in the United Kingdom and Ireland, and derives its revenue from financial spread bets, CFDs, binary options and execution only stockbroking. The Australian segment derives its revenue from CFDs and binary options. The Europe segment consists of its operations in France, Germany, Italy, Luxembourg, the Netherlands, Norway, Spain, Sweden and Switzerland, and derives its revenue from CFDs, binary options and execution only stockbroking. The Rest of World segment consists of its operations in Japan, South Africa, Singapore, the United States, the United Arab Emirates and Dubai, and derives revenue from the operation of a regulated futures and options exchange, and as well as CFDs and binary options.
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