IFG Group PLC (IFP) Stock Rating Reaffirmed by Macquarie

IFG Group PLC (LON:IFP)‘s stock had its “neutral” rating reissued by equities researchers at Macquarie in a note issued to investors on Wednesday, May 10th. They currently have a GBX 135 ($1.74) price target on the financial services provider’s stock. Macquarie’s target price points to a potential downside of 9.85% from the company’s current price.

IFP has been the topic of several other reports. Shore Capital restated a “buy” rating on shares of IFG Group PLC in a research report on Tuesday, May 9th. N+1 Singer restated a “not rated” rating on shares of IFG Group PLC in a research report on Tuesday, May 9th. Two analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The company currently has an average rating of “Buy” and an average target price of GBX 170.50 ($2.20).

Shares of IFG Group PLC (LON:IFP) opened at 149.75 on Wednesday. The firm’s 50-day moving average is GBX 143.99 and its 200-day moving average is GBX 148.72. The company’s market cap is GBX 157.84 million. IFG Group PLC has a one year low of GBX 126.94 and a one year high of GBX 188.56.

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About IFG Group PLC

IFG Group plc is an Ireland-based financial services company. The Company provides a range of financial solutions, including full platform services, pension administration and independent financial advice. The Company is engaged in the intermediation and administration of financial service products. The Company is organized into two segments: Platform business, James Hay Partnership, and its Independent wealth management business, Saunderson House.

12 Month Chart for LON:IFP

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