Is IG Design Group PLC a Buy? The Stock Rises Again

 Is IG Design Group PLC a Buy? The Stock Rises Again

The stock of IG Design Group PLC (LON:IGR) is a huge mover today! The stock decreased 1.04% or GBX 3 on November 30, hitting GBX 284.5. About 199,895 shares traded hands or 301.62% up from the average. IG Design Group PLC (LON:IGR) has risen 67.15% since May 3, 2016 and is uptrending. It has outperformed by 61.92% the S&P500.
The move comes after 9 months positive chart setup for the GBX 178.22M company. It was reported on Nov, 30 by Barchart.com. We have GBX 307.26 PT which if reached, will make LON:IGR worth GBX 14.26 million more.

IG Design Group PLC (LON:IGR) Ratings Coverage

Out of 3 analysts covering International Greetings PLC (LON:IGR), 3 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. International Greetings PLC has been the topic of 9 analyst reports since August 27, 2015 according to StockzIntelligence Inc. The rating was maintained by Beaufort Securities on Thursday, August 27 with “Speculative Buy”. The firm earned “Speculative Buy” rating on Tuesday, July 12 by Beaufort Securities. As per Tuesday, January 19, the company rating was maintained by Beaufort Securities. As per Tuesday, October 20, the company rating was maintained by FinnCap. Beaufort Securities maintained the shares of IGR in a report on Tuesday, April 19 with “Speculative Buy” rating. The firm has “Speculative Buy” rating by Beaufort Securities given on Wednesday, August 31. Cenkos maintained IG Design Group PLC (LON:IGR) on Wednesday, June 29 with “Buy” rating. Beaufort Securities maintained the shares of IGR in a report on Thursday, June 30 with “Speculative Buy” rating. The rating was maintained by Beaufort Securities on Wednesday, November 30 with “Speculative Buy”.

Another recent and important IG Design Group PLC (LON:IGR) news was published by Fool.Co.Uk which published an article titled: “Could 20% profit growth help Patisserie Holdings plc & IG Design Group plc …” on November 29, 2016.

IG Design Group plc, formerly International Greetings plc, is engaged in the design, manufacture and distribution of gift packaging and greetings; stationery and creative play products, and design-led giftware. The company has a market cap of 178.22 million GBP. The Company’s geographic divisions include UK and Asia; Europe; USA, and Australia. It has a 23.78 P/E ratio. The Firm sells its products in over 150,000 stores across approximately 80 countries.

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