Canaccord Genuity Group Cuts IG Design Group (LON:IGR) Price Target to GBX 270

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

IG Design Group Price Performance

IGR stock opened at GBX 130.14 ($1.74) on Thursday. The company has a current ratio of 1.88, a quick ratio of 0.85 and a debt-to-equity ratio of 35.04. IG Design Group has a one year low of GBX 105 ($1.41) and a one year high of GBX 240 ($3.21). The firm has a market capitalization of £123.99 million, a PE ratio of 483.33 and a beta of 1.08. The firm has a 50-day moving average of GBX 190.93 and a two-hundred day moving average of GBX 178.61.

About IG Design Group

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.