IG Group Holdings plc (OTCMKTS:IGGHY – Get Free Report) dropped 2% on Friday . The stock traded as low as $20.28 and last traded at $21.32. 3,982 shares traded hands during trading, an increase of 1,197% from the average session volume of 307 shares. The stock had previously closed at $21.7505.
Wall Street Analyst Weigh In
Several brokerages have issued reports on IGGHY. Royal Bank Of Canada reissued an “outperform” rating on shares of IG Group in a research note on Wednesday, May 20th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of IG Group in a research report on Friday, June 12th. Three investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, IG Group has an average rating of “Buy”.
Check Out Our Latest Analysis on IGGHY
IG Group Stock Down 2.0%
About IG Group
IG Group is a UK-based online trading and financial services firm that offers a broad range of multi-asset solutions to both retail and institutional clients. The company’s core services include spread betting, contracts for difference (CFDs), forex, options, and share trading, all accessible through proprietary web and mobile platforms. IG Group is regulated by the UK Financial Conduct Authority and holds licenses in multiple jurisdictions, ensuring compliance with local market standards and client protections.
Founded in 1974 by entrepreneur Stuart Wheeler, IG Group pioneered the concept of financial spread betting in the UK.
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