IG Group Holdings plc 34.3% potential upside indicated by Barclays

IG Group Holdings plc with ticker (LON:IGG) now has a potential upside of 34.3% according to Barclays.



Barclays set a target price of 1,210 GBX for the company, which when compared to the IG Group Holdings plc share price of 795 GBX at opening today (23/03/2022) indicates a potential upside of 34.3%. Trading has ranged between 698 (52 week low) and 1,005 (52 week high) with an average of 1,497,008 shares exchanging hands daily. The market capitalisation at the time of writing is £3,424,542,864.

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 segments include UK, EU, EMEA Non-EU, Australia, Singapore, Japan and US. Its 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 consists 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. It has operations in approximately 20 countries across Europe, North America, Africa, Asia-Pacific and the Middle East.