IG Design Group PLC 56.7% potential upside indicated by Canaccord Genuity

IG Design Group PLC with ticker (LON:IGR) now has a potential upside of 56.7% according to Canaccord Genuity.



Canaccord Genuity set a target price of 265 GBX for the company, which when compared to the IG Design Group PLC share price of 169 GBX at opening today (09/05/2023) indicates a potential upside of 56.7%. Trading has ranged between (52 week low) and 200 (52 week high) with an average of 209,547 shares exchanging hands daily. The market capitalisation at the time of writing is £159,227,623.

IG Design Group plc is a United Kingdom-based company that is engaged in the design manufacture and distribution of celebration, craft & creative play, stationery, gifting and not-for-resale consumable products. The Company is a producer of Celebrations products, including greetings cards, gift wrap, Christmas crackers, gift bags and partyware. The Company design, manufacture and sources a range of stationery products for consumers of all ages, for use in education, commercial and home settings. Its not-for-resale consumables product combines Polaris business with Paper Twist Handle Bags. The Company’s segments include DG Americas and DG International. The DG Americas segment includes overseas operations in Asia, Australia, the United Kingdom (UK), India and Mexico, and the United States companies. The DG International segment comprises the consolidation of the separately owned UK, European and Australian businesses.