Gold bars to be exempt from tariffs, White House clarifies
Investing.com - Deutsche Bank (ETR:DBKGn) has raised its price target on IG Group Holdings (LON:IGG) to GBP13.50 from GBP12.25 while maintaining a Buy rating following the company’s strong fiscal year 2025 performance. The stock, currently trading near its 52-week high with a market capitalization of $5.3 billion, appears fairly valued according to InvestingPro analysis.
IG Group delivered 9% revenue growth in FY25, with 8% coming organically, driven primarily by a 12% increase in trading revenue amid supportive market conditions, partially offset by a 7% decline in net interest income due to lower interest rates. The company’s robust performance is reflected in its attractive P/E ratio of 10.7x and impressive return on equity of 20%.
The company reported profit before tax of £536 million, representing a 17% year-over-year increase that exceeded consensus forecasts by 2.5%, while its PBT margin improved 3.6 percentage points to 49.8%, supported by further cost efficiencies as operating expenses rose just 2%, or declined 7% in terms of organic fixed cost to serve per customer. InvestingPro data reveals the company maintains a strong financial health score, with 8 additional exclusive insights available to subscribers.
Management disclosed encouraging key performance indicators, with active customers growing 5% organically (excluding Freetrade) and first-time traders increasing 19%, marking the first growth in these metrics in four years.
Exchange Traded Derivatives, particularly through Tastytrade, continued to drive growth with active customers increasing 12% and first-time traders rising 37%, with the US and UK divisions serving as the key contributors to this performance.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.