IG Design Group (LON:IGR) Stock Rating Reaffirmed by Canaccord Genuity Group

IG Design Group (LON:IGR)‘s stock had its “buy” rating reiterated by investment analysts at Canaccord Genuity Group in a research note issued to investors on Wednesday, Digital Look reports. They presently have a GBX 325 ($4.11) price target on the stock. Canaccord Genuity Group’s price target indicates a potential upside of 73.80% from the stock’s current price.

IG Design Group Price Performance

IGR stock traded down GBX 3.50 ($0.04) during trading on Wednesday, reaching GBX 187 ($2.37). 459,000 shares of the company were exchanged, compared to its average volume of 215,557. The company has a 50-day moving average of GBX 196.58 and a two-hundred day moving average of GBX 153.84. The company has a market capitalization of £183.78 million, a price-to-earnings ratio of -890.48 and a beta of 1.05. IG Design Group has a twelve month low of GBX 105 ($1.33) and a twelve month high of GBX 240 ($3.04). The company has a debt-to-equity ratio of 44.29, a current ratio of 1.64 and a quick ratio of 0.85.

IG Design Group Company Profile

IG Design Group plc engages in the design, production, and distribution of celebrations, craft and creative play, stationery, gifting, and not for re-sale consumable products in the Americas, the United Kingdom, and internationally. It operates in two segments, the DG Americas and the DG International.