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The latest update is out from IG Group Holdings ( (GB:IGG) ).
IG Group Holdings plc announced the purchase of 112,149 of its ordinary shares from Morgan Stanley & Co. International Plc, as part of a previously issued instruction. The shares, bought at an average price of 1,073.06 pence per share, will be held in treasury, increasing the company’s treasury shares to 16,715,823. This move is part of a broader strategy, with IG Group having purchased a total of 3,613,586 shares since September 2025, reflecting a significant investment in its own stock, potentially indicating confidence in its market position and future performance.
The most recent analyst rating on (GB:IGG) stock is a Buy with a £13.50 price target. To see the full list of analyst forecasts on IG Group Holdings stock, see the GB:IGG Stock Forecast page.
Spark’s Take on GB:IGG Stock
According to Spark, TipRanks’ AI Analyst, GB:IGG is a Neutral.
The overall stock score for IG Group Holdings is driven by its solid financial performance and attractive valuation. While the company shows strong profitability and a stable balance sheet, the recent decline in revenue and free cash flow growth rates raises concerns. The technical analysis indicates a lack of strong momentum, which could impact short-term performance. However, the low P/E ratio and high dividend yield make it appealing for value and income-focused investors.
To see Spark’s full report on GB:IGG stock, click here.
More about IG Group Holdings
IG Group Holdings plc operates in the financial services industry, offering online trading and investment services. The company focuses on providing access to financial markets for retail and institutional investors, with a strong emphasis on derivatives trading and spread betting.
Average Trading Volume: 1,219,254
Technical Sentiment Signal: Buy
Current Market Cap: £3.7B
Find detailed analytics on IGG stock on TipRanks’ Stock Analysis page.