UBS upgrades IG Group on customer growth
#UBS upgrade #IG Group #customer growth #AI implementation #price target #earnings per share #share buybacks #market volatility
📌 Key Takeaways
- UBS upgraded IG Group from Neutral to Buy with raised price target
- Funded customers grew from 6% to 10% year-over-year
- IG Group implemented AI tools including customer support chatbot and KYC/AML systems
- UBS forecasts 12% annual EPS growth from 2025 to 2030
📖 Full Retelling
UBS upgraded IG Group Holdings PLC (LSE:IGG) to Buy from Neutral on Tuesday, March 3, 2026, as the financial institution expects the UK-based online trading firm to benefit from market volatility and growing customer base, with funded customers increasing from 6% in Q1 FY2025 to 10% in Q3 FY2025. The Swiss banking giant raised its price target to 1,600 pence from 1,250 pence, reflecting confidence in IG Group's strategic direction and market position. UBS analysts highlighted that the company's positive momentum in active customers and funded accounts, combined with revenue retention initiatives and new product launches, positions IG Group favorably for continued growth in the coming years. The upgrade comes amid increasing market volatility that typically benefits trading platforms like IG Group through higher trading volumes and activity.
🏷️ Themes
Financial upgrades, Technological innovation, Customer growth
📚 Related People & Topics
IG Group
United Kingdom-based online trading provider
IG Group Holdings plc, trading as IG Group, is a United Kingdom-based online trading provider, offering access to spread betting and CFD trading, which allows traders to bet on the direction of equities, bonds and currencies without owning the underlying assets. Established in 1974 by Stuart Wheeler...
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try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Gold dips, reverses course as stronger dollar weighs amid Iran conflict Oil extends surge on concerns surrounding Strait of Hormuz closure Futures drop, oil prices climb amid Iran conflict - what’s moving markets Gold price surge after Iran attack could fade, Pepperstone says FLASH SALE (South Africa Philippines Nigeria) FLASH SALE UBS upgrades IG Group on customer growth By Maria Ponnezhath Author Maria Ponnezhath Analyst Ratings Published 03/03/2026, 05:04 AM UBS upgrades IG Group on customer growth 0 IGG 0.52% Investing.com - UBS upgraded IG Group Holdings PLC (LSE:IGG) to Buy from Neutral on Tuesday, raising its price target to 1,600 pence from 1,250 pence, as the firm expects the company to benefit from market volatility and trading activity, supported by revenue retention initiatives and new product launches. IG Group has shown positive momentum in active customers and funded accounts, according to UBS. Year-over-year growth in funded customers rose from 6% in the first quarter of fiscal 2025 to 10% in the third quarter of fiscal 2025. Stay ahead of the FTSE — premium UK stock insights and real-time market movers with InvestingPro The firm forecasts 12% annual earnings per share growth from calendar year 2025 to 2030, driven by 7% annual trading revenue growth. UBS highlighted IG Group’s adoption of artificial intelligence tools, including an AI-driven customer support chatbot that resolves more than 60% of submitted queries without human intervention. The company has also implemented Adclear for AI financial promotions review and Alloy’s AI-driven KYC/AML system to automate onboarding and fraud checks. The firm expects IG Group to continue share buybacks of approximately 5% to 6% annually, supported by a strong regulatory capital position and cash flow generation. UBS made minimal changes to its calendar year 2026 to 2028 forecasts but raised its price target by reducing the cost of capital in its disc...
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