The stock of IFG Group PLC (LON:IFP) hit a new 52-week low and has GBX 126.15 target or 13.00% below today’s GBX 145.00 share price. The 7 months bearish chart indicates high risk for the GBX company. The 1-year low was reported on Nov, 11 by Barchart.com. If the GBX 126.15 price target is reached, the company will be worth GBX less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock. The stock decreased 0.94% or GBX 1.38 on November 11, hitting GBX 145. IFG Group PLC (LON:IFP) has declined 12.80% since April 14, 2016 and is downtrending. It has underperformed by 18.94% the S&P500.
IFG Group PLC (LON:IFP) Ratings Coverage
Out of 4 analysts covering IFG Group PLC (LON:IFP), 3 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 75% are positive. IFG Group PLC has been the topic of 10 analyst reports since August 26, 2015 according to StockzIntelligence Inc. Liberum Capital maintained IFG Group PLC (LON:IFP) on Tuesday, September 6 with “Buy” rating. Liberum Capital maintained the stock with “Buy” rating in Friday, August 5 report. The stock has “Outperform” rating given by Macquarie Research on Wednesday, May 18. On Tuesday, September 13 the stock rating was maintained by Liberum Capital with “Buy”. Macquarie Research maintained IFG Group PLC (LON:IFP) on Tuesday, May 24 with “Outperform” rating. The rating was maintained by N+1 Singer on Wednesday, November 18 with “Buy”. The stock of IFG Group PLC (LON:IFP) has “Neutral” rating given on Tuesday, August 30 by Macquarie Research. On Wednesday, August 26 the stock rating was maintained by Davy Research with “Outperform”. On Friday, September 25 the stock rating was maintained by Davy Research with “Outperform”. The stock of IFG Group PLC (LON:IFP) has “Buy” rating given on Friday, August 26 by Liberum Capital.
More news for IFG Group PLC (LON:IFP) were recently published by: Reuters.com, which released: “BRIEF-IFG Group says appoints John Cotter as CEO” on September 13, 2016. Globenewswire.com‘s article titled: “Willis Completes Acquisition of IFG Ireland Businesses to Strengthen Human …” and published on December 11, 2014 is yet another important article.
IFG Group plc is an Ireland-based financial services company. The company has a market cap of GBP. The Firm provides a range of financial solutions, including full platform services, pension administration and independent financial advice. It currently has negative earnings. The Firm is engaged in the intermediation and administration of financial service products.
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