IG Group Holdings plc 9% Potential Upside Indicated by RBC Capital Markets

Broker Ratings
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IG Group Holdings plc with EPIC/TICKER (LON:IGG) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OUTPERFORM’ today by analysts at RBC Capital Markets. IG Group Holdings plc are listed in the Financials sector within UK Main Market. RBC Capital Markets have set a target price of 760 GBX on its stock. This is indicating the analyst believes there is a potential upside of 9.0% from the opening price of 697 GBX. Over the last 30 and 90 trading days the company share price has increased 40.8 points and increased 12 points respectively. The 52 week high share price is 739 GBX while the 52 week low for the share price is 467.4 GBX.

IG Group Holdings plc has a 50 day moving average of 675.13 GBX and a 200 Day Moving Average share price is recorded at 641.28. There are currently 369,439,455 shares in issue with the average daily volume traded being 1,911,107. Market capitalisation for LON:IGG is £2,565,825,632 GBP.

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    IG Group (LON:IGG) kicks off FY25 with a strong Q1, registering a 15% YoY revenue boost. Stable client balances and buybacks underscore potential growth.

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