IG Group (LON:IGG – Get Free Report)‘s stock had its “buy” rating reiterated by investment analysts at Deutsche Bank Aktiengesellschaft in a note issued to investors on Wednesday, Digital Look reports. They currently have a GBX 1,065 ($13.60) price target on the stock. Deutsche Bank Aktiengesellschaft’s price objective would indicate a potential upside of 11.46% from the company’s current price.
IGG has been the subject of several other research reports. Shore Capital reiterated a “buy” rating on shares of IG Group in a research note on Thursday, July 25th. Royal Bank of Canada boosted their price objective on IG Group from GBX 1,000 ($12.77) to GBX 1,100 ($14.04) and gave the company an “outperform” rating in a research report on Thursday, August 1st. Six analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of GBX 985.40 ($12.58).
Check Out Our Latest Stock Report on IGG
IG Group Stock Up 2.7 %
Insider Activity at IG Group
In related news, insider Charlie Rozes sold 23,088 shares of the company’s stock in a transaction on Friday, July 26th. The shares were sold at an average price of GBX 910 ($11.62), for a total value of £210,100.80 ($268,259.45). 5.66% of the stock is owned by insiders.
IG Group Company Profile
IG Group Holdings plc, a fintech company, engages in the online trading business worldwide. The company offers over the counter (OTC) derivatives, which include CFD (Contracts For Difference) that enable traders to take advantage of changes in an asset's price without owning the asset itself, as well as access to a range of risk-mitigation measures, including stops and limits, and negative-balance protection; and OTC FX and options, and spread bets, under IG and IG Prime brands.
Featured Articles
- Five stocks we like better than IG Group
- Breakout Stocks: What They Are and How to Identify Them
- Brinker International’s Price Dip is an Appetizing Entry Point
- Procter & Gamble (NYSE:PG) Pulls Back After Shaky Guidance
- 3 Stocks That Could Beat the September Blues
- Low PE Growth Stocks: Unlocking Investment Opportunities
- Canopy Growth Stock: Can It Sustain Recent Gains?
Receive News & Ratings for IG Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IG Group and related companies with MarketBeat.com's FREE daily email newsletter.