IG Group Holdings

Summary

• Stock: IG Group Holdings PLC (LON: IGG) common equity

• Date: July 4, 2022

• Market cap: £2.95bn

• Rating: Buy

• Price: £6.84

• Target: £14.03

Setting the stage

IG Group is an online brokerage. The company facilitates trading of over-the-counter (OTC) derivatives and other financial securities like stocks. The firm makes money by charging a commission or spread o…