Skip to content

IG Group Holdings: still a buy after TCMI sells 15.5m shares

*

Armchair Trader pick: Tactical Trading Portfolio

  • IG Group (LSE:IGG)
  • Sector: Financial Services (Investment)
  • Market cap: £3.55bn
  • Entry price:  809p
  • Target price: 970p
  • Stop loss: 10% (trailing)

This week we are adding IG Group (LSE:IGG) to our tactical trading list, as the company is still demonstrating solid fundamentals and some longer term growth prospects. Shares have been on a run recently, from around 765p and and are currently to be had just north of 800p. Note that the stock has been as high as 936p as recently as the end of August. It appears to be picking up momentum again.


Want the full story? Access all of The Armchair Trader's content for just £5.99 per month.

Get weekly investment ideas and tips that will take your investing to the next level. Sign up here.

Free 28 day trial. Cancel anytime.


Log In or Sign Up to Armchair Trader+

Already a member? Log in here:


Not a member yet? Sign up for your free trial or check out the benefits of membership.

Further content of this article is not available as it is for members only. Please visit the registration page for Armchair Trader Plus+ for further details on the benefits of becoming a member.

Looking for great investing ideas? Sign up to our free newsletter.

This article does not constitute investment advice. Make sure you do your own research or consult a professional advisor.

'How to' Guides

Our latest in-depth company reports

Detailed reviews of selected companies and investment trusts.

On the podcast

Sign up for great investing stock tips

Thanks to our Site Partners

Our partners are established, regulated businesses and we are grateful for their support.

Aquis
CME Group
FP Markets
Pepperstone
TMX
WisdomTree
Back To Top