IG Group (LON:IGG) Receives “Hold” Rating from Liberum Capital

Liberum Capital restated their hold rating on shares of IG Group (LON:IGG) in a report published on Tuesday morning, ThisIsMoney.Co.Uk reports.

Other equities analysts have also issued research reports about the stock. Barclays restated an overweight rating on shares of IG Group in a research report on Wednesday, January 22nd. Peel Hunt restated a buy rating on shares of IG Group in a research report on Tuesday, January 21st. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock currently has an average rating of Buy and an average price target of GBX 724.40 ($9.53).

IG Group stock opened at GBX 676.60 ($8.90) on Tuesday. The company has a 50-day simple moving average of GBX 682.90 and a 200-day simple moving average of GBX 633.26. The firm has a market capitalization of $2.50 billion and a P/E ratio of 16.75. The company has a debt-to-equity ratio of 17.81, a quick ratio of 3.13 and a current ratio of 3.28. IG Group has a one year low of GBX 467.40 ($6.15) and a one year high of GBX 711.80 ($9.36).

The company also recently declared a dividend, which will be paid on Thursday, February 27th. Stockholders of record on Thursday, January 30th will be given a dividend of GBX 12.96 ($0.17) per share. The ex-dividend date of this dividend is Thursday, January 30th. This represents a dividend yield of 1.88%. IG Group’s dividend payout ratio is currently 1.06%.

IG Group Company Profile

IG Group Holdings plc provides leveraged derivatives and spread betting under the IG brand worldwide. Its CFDs (contracts for difference) are derivatives contracts that enable clients to take advantage of changes in an asset's price. The company also offers clients access to a range of risk-mitigation measures, including stops and limits and a limited risk account; and products, such as share dealing and investment portfolios, as well as enables clients to hold their investments in ISAs and SIPPs.

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Analyst Recommendations for IG Group (LON:IGG)

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