IG Group (LON:IGG – Get Free Report)‘s stock had its “hold” rating reissued by investment analysts at Peel Hunt in a report issued on Friday, Marketbeat Ratings reports. They presently have a GBX 1,100 price target on the stock. Peel Hunt’s price objective points to a potential upside of 11.11% from the stock’s current price.
A number of other research analysts also recently weighed in on the company. Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 1,850 price target on shares of IG Group in a report on Friday, August 14th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 2,000 price objective on shares of IG Group in a research report on Friday, July 31st. Finally, Jefferies Financial Group restated a “buy” rating and issued a GBX 1,250 target price on shares of IG Group in a report on Friday, July 31st. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of GBX 1,550.
IG Group Price Performance
IG Group (LON:IGG – Get Free Report) last posted its quarterly 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%. Equities research analysts expect that IG Group will post 104.0295119 earnings per share for the current fiscal year.
Insider Buying and Selling
In other news, insider Clifford Abrahams acquired 5,000 shares of the stock in a transaction that occurred on Friday, August 7th. The stock was purchased at an average cost of GBX 1,331 per share, for a total transaction of £66,550. Also, insider Helen Stevenson purchased 2,197 shares of the company’s stock in a transaction that occurred on Monday, August 10th. The shares were acquired at an average cost of GBX 1,358 per share, with a total value of £29,835.26. Insiders have acquired a total of 43,613 shares of company stock worth $59,601,278 in the last three months. Insiders own 1.20% of the company’s stock.
More IG Group News
Here are the key news stories impacting IG Group this week:
- Neutral Sentiment: IG Group expects third-quarter revenue of approximately £240 million. The update provides investors with a clearer earnings base, but the figure reflects a significant slowdown in trading activity. IG Group Expects Q3 Revenue of About £240 Million, Updates 2026 Outlook
- Neutral Sentiment: Peel Hunt reaffirmed its Hold rating and set a GBX 1,100 price target, indicating limited near-term conviction despite the stock’s lower valuation. IG Group’s Hold Rating Reaffirmed at Peel Hunt
- Negative Sentiment: Third-quarter revenue fell approximately 14%, primarily because of weaker over-the-counter trading. The decline prompted management to lower its 2026 revenue-growth outlook, a major reason for the market’s negative reaction. IG Group Lowers 2026 Revenue Growth Outlook
- Negative Sentiment: The weaker OTC performance suggests reduced customer trading activity and lower revenue generation across a core business line. Reports also describe the shares reaching a new 12-month low as investors reassessed earnings expectations. IG Group Cuts 2026 Revenue Outlook on Weaker OTC Trading
IG Group Company Profile
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.
Featured Articles
- Five stocks we like better than IG Group
- Could Nike’s Brutal Sell-Off Finally Be Running Out of Steam?
- The AI Buildout Needs Power It Cannot Get: 4 Energy Stocks Already Have It
- McDonald’s Is Undergoing a Massive New Growth Strategy. Can It Win Back Consumers?
- MGM Resorts Stock Sinks After Diller Deal Collapse: Overreaction or Warning?
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.
