IG Group Holdings plc shares reflect an interesting technical chart pattern from a medium term view In fact, the support at 750 GBX represents an important technical support area based on weekly price data that could limit downward movements by the stock. Investors should buy the stock at current prices near GBX 750 in order to target the GBX 900.
Before interest, taxes, depreciation and amortization, the company's margins are particularly high.
The group's activity appears highly profitable thanks to its outperforming net margins.
Thanks to a sound financial situation, the firm has significant leeway for investment.
With a P/E ratio at 11.06 for the current year and 9.98 for next year, earnings multiples are highly attractive compared with competitors.
The company is one of the best yield companies with high dividend expectations.
Over the last twelve months, the sales forecast has been frequently revised upwards.
Growth remains a strong point in this company. In their sales forecast, analysts sound optimistic with regard to sales prospects.
For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.
The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
Over the past four months, analysts' average price target has been revised upwards significantly.
Considering the small differences between the analysts' various estimates, the group's business visibility is good.
The group usually releases upbeat results with huge surprise rates.
The company's earnings growth outlook lacks momentum and is a weakness.
The price targets of analysts who cover the stock differ significantly. This implies difficulties in evaluating the company and its business.
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