IG Design Group plc (LON:IGR – Get Free Report) crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 53.55 and traded as high as GBX 58.50. IG Design Group shares last traded at GBX 57.38, with a volume of 113,490 shares changing hands.
Wall Street Analyst Weigh In
Separately, Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 120 target price on shares of IG Design Group in a report on Tuesday, December 2nd. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, IG Design Group has an average rating of “Buy” and a consensus target price of GBX 120.
IG Design Group Stock Down 1.9%
IG Design Group Company Profile
IG Design Group plc, the largest consumer gift packaging business in the world, is a designer, innovator and manufacturer of products that help people celebrate life’s special occasions. Design Group works with more than 11,000 customers in over 80 countries throughout the UK, Europe, Australia and the USA.
Its products are found in over 210,000 retail outlets, including several of the world’s biggest retailers, for example Walmart, Target, Amazon, Costco, Lidl and Aldi.
Its five major product categories are: Celebrations, Craft, Stationery and Creative Play, Gifting, and Not-for-resale consumables.
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