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RBC says IG Group selloff overdone after Underdog acquisition, sees 43% upside

Market News
14 Aug 2026
Proactive Investors
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Bullish
RBC says IG Group selloff overdone after Underdog acquisition, sees 43% upside

RBC Capital Markets maintains an outperform rating on IG Group, arguing the market overreacted to its acquisition of Underdog, a sports prediction platform. Despite a 22% share price drop wiping £1.2 billion in value, RBC sees the deal as strategically sound, diversifying IG into fast-growing sports markets. They forecast minor earnings dilution in 2027 but 11% earnings growth by 2029, with Underdog contributing over 30% of revenues. Regulatory uncertainty remains, but IG shares now trade at a reasonable valuation, presenting an attractive risk-reward opportunity.

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Capitan Silver to present at Gentile Mining Investor Forum in London, showcasing its Cruz de Plata silver project.

Capitan Silver to present at Gentile Mining Investor Forum in London, showcasing its Cruz de Plata silver project.

Capitan Silver Corp. announced its participation in the first Gentile Mining Investor Forum on October 19, 2026, in London. The event gathers investors and mining companies for one-on-one meetings and showcases, providing Capitan an opportunity to pr...

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Bullish
4 hours ago
Solana's SOL token jumps past $116, triggering $18M in short position liquidations amid a strong short squeeze.

Solana's SOL token jumps past $116, triggering $18M in short position liquidations amid a strong short squeeze.

Solana's SOL token surged past $116, causing a major short squeeze that liquidated over $18 million in bearish positions. This rally began after SOL broke through the $110 resistance level for the first time in seven months, forcing short sellers to ...

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Bullish
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Critical Metals jumps 25% on U.S.-Greenland pact spotlighting its Tanbreez rare earth permit

Critical Metals jumps 25% on U.S.-Greenland pact spotlighting its Tanbreez rare earth permit

Shares of Critical Metals surged 25% following a U.S.-Greenland security pact that highlighted the company's Tanbreez rare earth exploitation permit in Greenland. The pact grants the U.S. permanent security control in Greenland but does not change mi...

Market News
Bullish
4 hours ago
AMD stock holds after 254% rally; price target $510 amid key Data Center growth risks.

AMD stock holds after 254% rally; price target $510 amid key Data Center growth risks.

AMD's stock surged 254% in the past year, driven by triple-digit growth in its Data Center segment, which now makes up 58% of revenue. Despite this, the 24/7 Wall St. price target is $510.66, below the current $559.82 price, reflecting concerns about...

Analyst Insights
Neutral
4 hours ago
Meta Platforms remains a Strong Buy despite legal costs and rising expenses, with new revenue streams promising growth.

Meta Platforms remains a Strong Buy despite legal costs and rising expenses, with new revenue streams promising growth.

Meta Platforms faces a $10 billion legal charge from an $18 billion settlement affecting its near-term earnings, but its core business remains strong and cash flow covers obligations comfortably. The company is diversifying revenue through new launch...

Analyst Insights
Bullish
4 hours ago
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