Peel Hunt reaffirmed their hold rating on shares of IG Group (LON:IGG – Free Report) in a research note released on Friday, MarketBeat reports. Peel Hunt currently has a GBX 1,100 target price on the stock.
Several other research firms also recently commented on IGG. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 2,000 price target on shares of IG Group in a research report on Friday, July 31st. Jefferies Financial Group reissued a “buy” rating and set a GBX 1,250 price objective on shares of IG Group in a research report on Friday, July 31st. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a GBX 1,850 price objective on shares of IG Group in a research note on Friday, August 14th. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of GBX 1,550.
Read Our Latest Report on IG Group
IG Group Trading Down 22.6%
IG Group (LON:IGG – Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The company reported GBX 68.90 earnings per share for the quarter. IG Group had a return on equity of 19.99% and a net margin of 30.26%. On average, research analysts predict that IG Group will post 104.0295119 EPS for the current year.
Insider Buying and Selling at IG Group
In related news, insider Helen Stevenson bought 2,197 shares of the company’s stock in a transaction dated Monday, August 10th. The shares were acquired at an average price of GBX 1,358 per share, with a total value of £29,835.26. Also, insider Andrew Barron purchased 36,416 shares of the business’s stock in a transaction dated Monday, August 10th. The shares were bought at an average price of GBX 1,372 per share, with a total value of £499,627.52. In the last ninety days, insiders have purchased 43,613 shares of company stock worth $59,601,278. 1.20% of the stock is currently owned by insiders.
Trending Headlines about IG Group
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.
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