Canaccord Genuity Group Reiterates “Buy” Rating for IG Design Group (LON:IGR)

IG Design Group (LON:IGR)‘s stock had its “buy” rating restated by Canaccord Genuity Group in a research report issued to clients and investors on Wednesday, Marketbeat.com reports. They currently have a GBX 325 ($4.11) price objective on the stock. Canaccord Genuity Group’s price objective suggests a potential upside of 68.83% from the stock’s current price.

IG Design Group Price Performance

IG Design Group stock opened at GBX 192.50 ($2.43) on Wednesday. The company has a market cap of £189.19 million, a price-to-earnings ratio of -916.67 and a beta of 1.05. The firm’s fifty day moving average is GBX 199.31 and its 200 day moving average is GBX 154.34. The company has a quick ratio of 0.85, a current ratio of 1.64 and a debt-to-equity ratio of 44.29. IG Design Group has a 52-week low of GBX 105 ($1.33) and a 52-week high of GBX 240 ($3.04).

About IG Design Group

IG Design Group plc engages in the design, production, and distribution of celebrations, craft and creative play, stationery, gifting, and not for re-sale consumable products in the Americas, the United Kingdom, and internationally. It operates in two segments, the DG Americas and the DG International.