UBS upgrades IG Group IGG LN to buy this morning saying that :

“Upgrade to Buy We upgrade IG from Neutral to Buy, and raise our price target from 1250p to 1600p. IG should benefit from market volatility and trading activity, but is also self-helping with
revenue retention initiatives and new products. It is seeing positive momentum in active
customers and funded accounts, and we expect this to continue, which should help
drive share price re-rating. At our price target, IG Group would trade at 11.9x 2027E PE.”

Here is how they closed on Tuesday and have performed YTD .