IG Group Holdings plc 22.2% potential upside indicated by Peel Hunt Limited

IG Group Holdings plc with ticker (LON:IGG) now has a potential upside of 22.2% according to Peel Hunt Limited.



Peel Hunt Limited set a target price of 1,000 GBX for the company, which when compared to the IG Group Holdings plc share price of 778 GBX at opening today (02/12/2021) indicates a potential upside of 22.2%. Trading has ranged between 735 (52 week low) and 1,005 (52 week high) with an average of 853,876 shares exchanging hands daily. The market capitalisation at the time of writing is £3,340,407,455.

IG Group Holdings plc is a United Kingdom-based company, which is engaged in online trading. The Company provides contracts for difference (CFDs) in over 17 countries globally. The Company’s segments include UK, Australia, Europe and Rest of World. The UK segment consists of its operations in the United Kingdom and Ireland, and derives its revenue from financial spread bets, CFDs, binary options and execution only stockbroking. The Australian segment derives its revenue from CFDs and binary options. The Europe segment consists of its operations in France, Germany, Italy, Luxembourg, the Netherlands, Norway, Spain, Sweden and Switzerland, and derives its revenue from CFDs, binary options and execution only stockbroking. The Rest of World segment consists of its operations in Japan, South Africa, Singapore, the United States, the United Arab Emirates and Dubai, and derives revenue from the operation of a regulated futures and options exchange, as well as CFDs and binary options.