IG Design Group PLC 62.3% potential upside indicated by Canaccord Genuity

IG Design Group PLC with ticker (LON:IGR) now has a potential upside of 62.3% according to Canaccord Genuity.

IGR.L

Canaccord Genuity set a target price of 325 GBX for the company, which when compared to the IG Design Group PLC share price of 200 GBX at opening today (16/07/2024) indicates a potential upside of 62.3%. Trading has ranged between 105 (52 week low) and 240 (52 week high) with an average of 248,956 shares exchanging hands daily. The market capitalisation at the time of writing is £200,186,272.

IG Design Group plc designs, manufactures, sources, and distributes a range of products for occasions across the globe. The Company works with retailers, offering a full end-to-end service from design through distribution. It manufactures and distributes celebrations, craft and creative play, stationery, gifting, and not-for-resale consumable products. Its segments include DG Americas and DG International. The DG Americas segment includes overseas operations in Asia, Australia, the United Kingdom, India, and Mexico, being the overseas entities of United States companies. The DG International segment comprises the consolidation of the separately owned United Kingdom, European, Asia and Australian businesses. Its celebration products include greeting cards, gift wrap, Christmas crackers, gift bags, and partyware. It also specializes in researching, designing, sourcing, and distributing both licensed and bespoke food and non-food gifts. Its brands include TOM SMITH, perler and Butterick.