Numis Securities Ltd Increases Intermediate Capital Group plc (ICP) Price Target to GBX 566
Intermediate Capital Group plc (LON:ICP) had its target price increased by Numis Securities Ltd from GBX 542 ($7.07) to GBX 566 ($7.39) in a report issued on Wednesday. The brokerage presently has a “hold” rating on the stock. Numis Securities Ltd’s target price points to a potential downside of 7.44% from the stock’s previous close.
ICP has been the topic of several other research reports. Liberum Capital lowered shares of Intermediate Capital Group plc to a “hold” rating and dropped their price target for the company from GBX 703 ($9.18) to GBX 692 ($9.03) in a research note on Wednesday, June 8th. JPMorgan Chase & Co. restated an “overweight” rating and issued a GBX 630 ($8.22) price target on shares of Intermediate Capital Group plc in a research note on Tuesday, August 2nd. Finally, Jefferies Group restated a “buy” rating and issued a GBX 735 ($9.59) price target on shares of Intermediate Capital Group plc in a research note on Thursday, June 16th. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Intermediate Capital Group plc presently has a consensus rating of “Buy” and an average price target of GBX 682.86 ($8.91).
Intermediate Capital Group plc (LON:ICP) opened at 606.00 on Wednesday. The firm’s market capitalization is GBX 1.68 billion. Intermediate Capital Group plc has a one year low of GBX 445.30 and a one year high of GBX 681.50. The firm has a 50-day moving average price of GBX 602.39 and a 200 day moving average price of GBX 609.11.
About Intermediate Capital Group plc
Intermediate Capital Group plc (ICG) is a United Kingdom-based investment firm. The Firm provides mezzanine finance, leveraged credit and minority equity. ICG provides mezzanine and equity financing to private equity buyout investors, management-led sponsor-less transactions and companies in need of development financing or debt restructuring solutions.
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