IG Group (IGG) Hits New 1-Year High at $690.50
IG Group Holdings plc (LON:IGG) shares reached a new 52-week high on Tuesday . The company traded as high as GBX 690.50 ($9.29) and last traded at GBX 650 ($8.75), with a volume of 2391547 shares changing hands. The stock had previously closed at GBX 650 ($8.75).
A number of analysts recently commented on IGG shares. Numis Securities reaffirmed an “add” rating and set a GBX 697 ($9.38) price target on shares of IG Group in a research report on Tuesday. Shore Capital reaffirmed a “hold” rating on shares of IG Group in a research report on Tuesday. Finally, Liberum Capital reaffirmed an “under review” rating on shares of IG Group in a research report on Thursday, September 21st. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. IG Group has an average rating of “Hold” and an average price target of GBX 693.50 ($9.33).
About IG Group
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.
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