IG Design Group’s (IGR) Buy Rating Reiterated at Canaccord Genuity Group

Canaccord Genuity Group reissued their buy rating on shares of IG Design Group (LON:IGR) in a report published on Tuesday, MarketBeat Ratings reports. They currently have a GBX 120 target price on the stock.

IG Design Group Price Performance

IGR stock opened at GBX 55 on Tuesday. The stock has a 50-day moving average price of GBX 57.05 and a two-hundred day moving average price of GBX 65.21. IG Design Group has a 12-month low of GBX 45.92 and a 12-month high of GBX 159. The company has a current ratio of 1.88, a quick ratio of 0.85 and a debt-to-equity ratio of 35.81. The company has a market cap of £52.42 million, a PE ratio of -0.53 and a beta of 1.08.

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.