IFG Group in share boost

FINANCIAL services provider IFG Group’s shares are rated a buy by stockbrokers Dolmen and NCB in advance of the company’s 2004 interim results next Monday.

Dolmen analyst Stuart Draper said yesterday that, as a result of the prospect of growth resuming in 2005, they are upgrading its 12-month share price target for IFG from €1 to €1.20.

Mr Draper told clients that IFG’s share price has risen by 28% since Dolmen’s last buy note on IFG on November 26 last.