Charlie Rozes Sells 1,242 Shares of IG Group Holdings plc (LON:IGG) Stock

IG Group Holdings plc (LON:IGG – Get Rating) insider Charlie Rozes sold 1,242 shares of the stock in a transaction dated Friday, May 19th. The stock was sold at an average price of GBX 703 ($8.74), for a total value of £8,731.26 ($10,859.78).

IG Group Trading Down 0.2 %

Shares of IGG opened at GBX 700 ($8.71) on Wednesday. IG Group Holdings plc has a 52-week low of GBX 646.75 ($8.04) and a 52-week high of GBX 851 ($10.58). The business’s fifty day moving average is GBX 710.70 and its 200-day moving average is GBX 768.44. The company has a debt-to-equity ratio of 15.89, a quick ratio of 2.40 and a current ratio of 2.29. The firm has a market cap of £2.87 billion, a price-to-earnings ratio of 786.52, a PEG ratio of -1.44 and a beta of 0.46.

Analysts Set New Price Targets

Several brokerages recently commented on IGG. Royal Bank of Canada reissued a “sector perform” rating and set a GBX 1,000 ($12.44) price target on shares of IG Group in a research report on Monday, February 6th. Barclays reiterated an “overweight” rating and set a GBX 1,210 ($15.05) target price on shares of IG Group in a research note on Friday, January 27th. Numis Securities restated a “buy” rating and set a GBX 1,100 ($13.68) price objective on shares of IG Group in a research note on Friday, January 27th. Finally, Shore Capital restated a “buy” rating on shares of IG Group in a research note on Wednesday, March 15th.

About IG Group

(Get Rating)

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.