Key Points
- IG Group insider Helen Stevenson bought 2,197 shares at an average price of GBX 1,358, for a total investment of approximately £29,835.
- IG Group shares opened at GBX 1,390, with the company valued at about £4.59 billion. The firm recently reported quarterly EPS of GBX 68.90, alongside a 30.26% net margin and 19.99% return on equity.
- Analysts maintain a broadly positive view, with five Buy ratings and a consensus “Buy” rating, although published price targets range from GBX 1,250 to GBX 2,000.
IG Group Holdings plc (LON:IGG - Get Free Report) insider Helen Stevenson purchased 2,197 shares of the firm's stock in a transaction on Monday, August 10th. The shares were purchased at an average cost of GBX 1,358 per share, with a total value of £29,835.26.
IG Group Stock Up 2.2%
IGG opened at GBX 1,390 on Wednesday. IG Group Holdings plc has a one year low of GBX 1,016 and a one year high of GBX 1,956. The company has a debt-to-equity ratio of 31.85, a quick ratio of 2.40 and a current ratio of 162.46. The stock's fifty day moving average is GBX 1,748.45 and its 200-day moving average is GBX 1,566.61. The company has a market capitalization of £4.59 billion, a PE ratio of 13.23, a P/E/G ratio of -1.44 and a beta of 0.50.
IG Group (LON:IGG - Get Free Report) last released its earnings results on Thursday, July 30th. The company reported GBX 68.90 earnings per share (EPS) for the quarter. IG Group had a return on equity of 19.99% and a net margin of 30.26%. On average, equities analysts predict that IG Group Holdings plc will post 104.0295119 EPS for the current fiscal year.
Analysts Set New Price Targets
Several research firms recently commented on IGG. Royal Bank Of Canada reissued an "outperform" rating and set a GBX 1,850 target price on shares of IG Group in a research note on Friday, July 31st. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a GBX 2,000 price target on shares of IG Group in a report on Friday, July 31st. Finally, Jefferies Financial Group reissued a "buy" rating and set a GBX 1,250 price objective on shares of IG Group in a research note on Friday, July 31st. Five investment analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has a consensus rating of "Buy" and an average target price of GBX 1,338.
Check Out Our Latest Stock Report on IG Group
IG Group Company Profile
(
Get Free Report)
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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