Analyst Price Target is GBX 1,070
▲ +40.14% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for IG Group in the last 3 months. The average price target is GBX 1,070, with a high forecast of GBX 1,210 and a low forecast of GBX 1,000. The average price target represents a 40.14% upside from the last price of GBX 763.50.
Current Consensus is
The current consensus among 5 investment analysts is to buy stock in IG Group. This Buy consensus rating has held steady for over two years.
IG Group Holdings plc engages in the online trading business worldwide. The company offers over-the-counter (OTC) leveraged derivatives, which include CFD (contracts for difference) that enable traders to take advantage of changes in an asset's price without owning the asset itself, as well as access to a range of risk-mitigation measures, including stops and limits, and negative-balance protection; and spread bets and options. It also provides exchange-traded derivatives under the tastytrade, an online brokerage and investor education platform; and Spectrum, a multilateral trading facility. In addition, the company offers stock trading services and investment services that include commodities, equities, and fixed-income assets. Further, it provides spread betting, CFD trading, foreign exchange trading, market risk management, data distribution, investment advisory, software development and support, financial, publication, exchange-traded funds trading, and translation services, as well as issues turbo warrants. The company was founded in 1974 and is headquartered in London, the United Kingdom.