IG Design Group (LON:IGR) Price Target Cut to GBX 270

IG Design Group (LON:IGR) had its price target decreased by Canaccord Genuity Group from GBX 325 ($4.35) to GBX 270 ($3.62) in a research report released on Thursday morning, Marketbeat reports. Canaccord Genuity Group currently has a buy rating on the stock.

IG Design Group Stock Performance

LON:IGR opened at GBX 130.14 ($1.74) on Thursday. IG Design Group has a twelve month low of GBX 105 ($1.41) and a twelve month high of GBX 240 ($3.21). The company has a current ratio of 1.88, a quick ratio of 0.85 and a debt-to-equity ratio of 35.04. The company has a 50-day moving average of GBX 190.93 and a 200-day moving average of GBX 178.61. The firm has a market cap of £123.99 million, a price-to-earnings ratio of 483.33 and a beta of 1.08.

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.