IG Group stock gains after job cuts and buy consensus
Published on 09/10/2026 at 16:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
IG Group (ISIN GB0004726096) stock closed at 1,354.00 GBX, or 13.54 GBP, on September 9, 2026, after rising 1.04 percent. The move followed reports on September 10, 2026, that the online trading group is preparing a large round of job cuts.
Job cuts reshape the story
As ad hoc news reported on September 10, 2026, the shares were in focus after the company announced the reduction of a substantial part of its workforce, while the same report put the closing price at 13.54 GBP on September 9, 2026.
Newsquawk said on September 10, 2026, that IG Group is reportedly cutting hundreds of jobs from a 2,300-strong workforce, weeks after announcing the USD 1.3 billion acquisition of Underdog. That makes cost discipline the market's key question, not just the headline job count.
Analysts stay positive
According to Zonebourse on September 10, 2026, 8 analysts still showed a Buy consensus on IG Group with an average target of 17.46 GBP, about 28.9 percent above the last close. The same source listed the prior London close at 1,354.00 GBX, or 13.54 GBP.
Zonebourse also cited a 5-day change of minus 0.15 percent and a year-to-date gain of 2.97 percent for the stock on September 10, 2026. That leaves the shares below the analyst target, but not far from the recent trading band.
Closing view
IG Group stock was last quoted at 13.54 GBP on September 9, 2026, on the London Stock Exchange. The stock sat at 1,354.00 GBX and 13.54 GBP in the same close snapshot.
IG Group stock at a glance
- Company: IG Group Holdings plc
- ISIN: GB0004726096
- Ticker: IGG
- Trading venue: London Stock Exchange
- Sector / Industry: Financial Services / Capital Markets
- Index membership: FTSE 250
- Price (as of September 9, 2026): 13.54 GBP
