IG Group (LON:IGG) Insider Andrew Barron Acquires 36,416 Shares

IG Group Holdings plc (LON:IGG – Get Free Report) insider Andrew Barron acquired 36,416 shares of the stock in a transaction that occurred on Monday, August 10th. The stock was acquired at an average price of GBX 1,372 per share, with a total value of £499,627.52.

IG Group Price Performance

IGG stock opened at GBX 1,375 on Tuesday. The business has a fifty day moving average of GBX 1,757.17 and a two-hundred day moving average of GBX 1,566.33. The company has a quick ratio of 2.40, a current ratio of 162.46 and a debt-to-equity ratio of 31.85. The stock has a market cap of £4.54 billion, a price-to-earnings ratio of 13.08, a price-to-earnings-growth ratio of -1.44 and a beta of 0.50. IG Group Holdings plc has a 52-week low of GBX 1,016 and a 52-week high of GBX 1,956.

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IG Group (LON:IGG – Get Free Report) last announced 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%. As a group, research analysts anticipate that IG Group Holdings plc will post 104.0295119 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts have commented on IGG shares. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 2,000 target price on shares of IG Group in a research report on Friday, July 31st. Jefferies Financial Group reiterated a “buy” rating and set a GBX 1,250 price target on shares of IG Group in a research report on Friday, July 31st. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a GBX 1,850 price target on shares of IG Group in a research note on Friday, July 31st. Five research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of GBX 1,338.

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About IG Group

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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.

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