London-based IG Group (LON:IGG), a global leader in online trading and investing, and investment research tools provider TipRanks have announced a new partnership to enrich investment research for IG Group clients. This new partnership gives IG Group clients access to TipRanks’ cutting-edge research tools and datasets. With this partnership, TipRanks said it continues its mission to level the playing field by providing exclusive data on stocks, ETFs and mutual funds to everyday investors.
Among the research tools IG Group will make available are analyst consensus ratings and 12-month price forecasts. TipRanks aggregates all recent analyst ratings on a stock and then provides a consensus price target and accompanying suggested upside or downside. In addition, IG Group provides its clients with TipRanks Analyst Top Stocks data, with stock recommendations from the analysts with the best performance records.
In addition, IG Group clients will find TipRanks’ proprietary Smart Score, which consists of 8 unique data sets that together indicate whether a stock is likely to outperform the market.
Uri Gruenbaum, CEO of TipRanks
“I am delighted to be working with IG Group, a trusted multi-asset broker and an established member of the FTSE 250. TipRanks data fits perfectly with IG Group’s aim to provide traders and investors with cutting-edge technology, opening up a wider range of trading and investment opportunities to ambitious people around the world. Investment research tools from TipRanks reveal data previously reserved only for top hedge fund managers.”
Matt Macklin, regional managing director (UK, APAC+ and Emerging Markets) at IG Group, commented,
“We are pleased to further enhance the trading and investing experience for our clients with the addition of TipRanks’ new comprehensive research tools, which we believe will help them make better data-driven trading and investment decisions.”