UBS cuts target for IG Group stock from GBp 1,700.00 to GBp 1,425.00

Published on 10/15/2026 at 13:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q3 revenue is GBP 240.00 million, down 14.00 percent year on year. IG Group stock costs EUR 11.71 on October 15, 2026 at Lang & Schwarz.

Target cuts and trading update

UBS reduced its target to GBp 1,425.00 from GBp 1,700.00 on October 6, 2026.
Third-quarter revenue is expected at GBP 240.00 million, down 14.00 percent year on year.
IG Group stock traded at EUR 11.71 at 1:07 p.m. CEST at Lang & Schwarz on October 15, 2026.

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IG Group (ISIN GB00B06QFB75) faces a UBS target cut to GBp 1,425.00 from GBp 1,700.00 on October 6, 2026, according to Yahoo Finance. The latest trading update also points to weaker near-term revenue conversion, while customer activity remained firm.

UBS lowers its target

UBS retained a buy rating while cutting its target by GBp 275.00, or 16.18 percent, on October 6, 2026. The bank reduced its earnings-per-share forecasts for 2026 through 2028 by 13.00 percent, citing the effect of weaker operating conditions, Yahoo Finance reported.

What does the warning mean for margins?

IG Group expects total revenue for the third quarter of 2026 at GBP 240.00 million, down 14.00 percent from GBP 280.10 million in the third quarter of 2025. The company now expects 2026 revenue growth in the mid-single-digit percentage range and an EBITDA margin in the low-40s percentage range, according to its IG Group release dated October 2, 2026.

Three events reshape the outlook

On October 2, 2026, IG Group forecast third-quarter revenue of GBP 240.00 million and organic first trades up more than 25.00 percent year on year. On October 5, 2026, Panmure Liberum cut its target from GBp 2,000.00 to GBp 1,500.00 while keeping its buy rating, Yahoo Finance reported. On October 6, 2026, UBS reduced its target to GBp 1,425.00 from GBp 1,700.00.

The next date is October 22

IG Group is scheduled to provide further detail on its third-quarter 2026 trading on October 22, 2026, ahead of a strategy update that day, according to the company release. That date gives investors a defined checkpoint for revenue retention and the margin outlook.

Stock price and company scale

IG Group's investor-relations page lists total revenue of GBP 1,123.40 million and profit before tax of GBP 563.70 million for fiscal year 2025, alongside adjusted profit before tax of GBP 499.20 million. The page also lists a GBP 125.00 million share buyback announced for that period, IG Group reports.

On the London Stock Exchange, the stock was last at GBp 983.00 on October 15, 2026 at 12:12 p.m. BST. IG Group had a market capitalization of GBP 3.3 billion and a 52-week range of GBp 930.50 to GBp 1,956.00 in the same market snapshot.

IG Group was trading at EUR 11.71 at Lang & Schwarz on October 15, 2026 at 1:07 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of IG Group stock.