IG Group Holdings plc 19.4% potential upside indicated by RBC Capital Markets

IG Group Holdings plc with ticker (LON:IGG) now has a potential upside of 19.4% according to RBC Capital Markets.



RBC Capital Markets set a target price of 1,000 GBX for the company, which when compared to the IG Group Holdings plc share price of 806 GBX at opening today (08/02/2023) indicates a potential upside of 19.4%. Trading has ranged between 647 (52 week low) and 851 (52 week high) with an average of 838,586 shares exchanging hands daily. The market capitalisation at the time of writing is £3,353,130,830.

IG Group Holdings plc is a United Kingdom-based global financial technology company. The Company develops technology, platforms, products and exchanges for a range of trading and investment opportunities around the world. The Company’s geography segments include UK, US, EU, Japan, Australia, Singapore, EMEA Non-EU and Emerging markets. The Company’s products include OTC leveraged derivatives, exchange traded derivatives and stock trading and investments. OTC leveraged derivatives include contracts for difference (CFDs), spread betting and options. Its exchange traded derivatives consist of Spectrum, a multilateral trading facility (MTF). Stock trading and investments includes share dealing service and IG Smart Portfolios. Clients can buy and sell individual shares listed on global exchanges through its stock trading platform. The Company offers a portfolio-based investment service. The Company has operations in Europe, North America, Africa, Asia-Pacific and the Middle East.