IG Group Holdings plc (LON:IGG – Get Free Report) insider Clifford Abrahams purchased 10,000 shares of the business’s stock in a transaction on Friday, October 23rd. The stock was acquired at an average price of GBX 944 per share, for a total transaction of £94,400.
Clifford Abrahams also recently made the following trade(s):
- On Friday, August 7th, Clifford Abrahams purchased 5,000 shares of IG Group stock. The shares were acquired at an average cost of GBX 1,331 per share, with a total value of £66,550.
IG Group Stock Up 1.1%
Shares of LON IGG opened at GBX 949.50 on Monday. The business has a 50-day moving average of GBX 1,222.39 and a two-hundred day moving average of GBX 1,514.02. The company has a market capitalization of £3.13 billion, a price-to-earnings ratio of 9.03, a price-to-earnings-growth ratio of -1.44 and a beta of 0.47. IG Group Holdings plc has a 1 year low of GBX 919 and a 1 year high of GBX 1,956. The company has a debt-to-equity ratio of 31.85, a current ratio of 162.46 and a quick ratio of 2.40.
IG Group (LON:IGG – Get Free Report) last issued its earnings results on Thursday, July 30th. The company reported GBX 68.90 earnings per share for the quarter. IG Group had a return on equity of 18.89% and a net margin of 27.12%. On average, analysts forecast that IG Group Holdings plc will post 104.03 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
A number of analysts have weighed in on IGG shares. Royal Bank Of Canada reissued an “outperform” rating and set a GBX 1,850 price objective on shares of IG Group in a report on Friday, August 14th. Peel Hunt restated a “hold” rating and issued a GBX 1,100 target price on shares of IG Group in a report on Friday, October 2nd. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 1,200 target price on shares of IG Group in a research report on Monday, October 19th. Finally, 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. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, IG Group currently has an average rating of “Moderate Buy” and a consensus target price of GBX 1,537.50.
View Our Latest Report on IG Group
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.
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