IG Group shares extend losses as Panmure cuts target price but keeps 'buy' IG Group Holdings Plc (L...

IG Group shares extend losses as Panmure cuts target price but keeps 'buy' IG Group Holdings Plc (LSE:IGG) shares fell another 2.5% to 965p on Monday after Panmure Liberum cut its price target to 1,500p from 2,000p following last week's profit warning, although the broker retained its 'buy' rating. Panmure said the sharp deterioration in over-the-counter revenue retention during the third quarter had made IG's core earnings less predictable, after retention fell to around 70% from an average of roughly 80% since the second half of 2025.