Intermediate Capital Group plc (ICP) Given “Overweight” Rating at J P Morgan Chase & Co
J P Morgan Chase & Co restated their overweight rating on shares of Intermediate Capital Group plc (LON:ICP) in a research note released on Thursday morning, Marketbeat reports. The firm currently has a GBX 950 ($12.81) price objective on the stock, up from their previous price objective of GBX 881 ($11.88).
Other research analysts have also issued research reports about the company. Canaccord Genuity restated a buy rating and set a GBX 925 ($12.47) price objective on shares of Intermediate Capital Group plc in a research report on Tuesday, June 20th. Numis Securities Ltd upgraded Intermediate Capital Group plc to an add rating and set a GBX 967 ($13.04) price objective for the company in a research report on Wednesday, September 20th. Liberum Capital reaffirmed a buy rating on shares of Intermediate Capital Group plc in a research note on Thursday, June 1st. Shore Capital reaffirmed a hold rating on shares of Intermediate Capital Group plc in a research note on Thursday, May 25th. Finally, Jefferies Group LLC reaffirmed a buy rating on shares of Intermediate Capital Group plc in a research note on Tuesday, July 11th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and five have given a buy rating to the company’s stock. The company currently has a consensus rating of Buy and an average price target of GBX 844.86 ($11.39).
Shares of Intermediate Capital Group plc (LON:ICP) opened at 879.50 on Thursday. Intermediate Capital Group plc has a 1-year low of GBX 565.50 and a 1-year high of GBX 940.00. The stock’s market cap is GBX 2.47 billion. The stock’s 50 day moving average price is GBX 884.99 and its 200 day moving average price is GBX 826.96.
TRADEMARK VIOLATION NOTICE: “Intermediate Capital Group plc (ICP) Given “Overweight” Rating at J P Morgan Chase & Co” was originally posted by Daily Political and is the sole property of of Daily Political. If you are reading this piece on another publication, it was illegally copied and republished in violation of US and international copyright & trademark law. The original version of this piece can be accessed at https://www.dailypolitical.com/2017/09/25/intermediate-capital-group-plc-icp-given-overweight-rating-at-j-p-morgan-chase-co.html.
In other news, insider Peter J. Gibbs acquired 30,000 shares of the company’s stock in a transaction dated Friday, September 15th. The shares were bought at an average price of GBX 842 ($11.35) per share, with a total value of £252,600 ($340,568.96). Also, insider Kevin A. H. Parry acquired 5,078 shares of the company’s stock in a transaction dated Thursday, August 17th. The stock was purchased at an average cost of GBX 903 ($12.17) per share, for a total transaction of £45,854.34 ($61,823.30). Insiders have acquired a total of 55,606 shares of company stock worth $48,443,802 in the last ninety days.
Intermediate Capital Group plc Company Profile
Intermediate Capital Group plc is a specialist asset manager. The Company is the fund management company (FMC) and the investment company (IC). Its funds invest across four asset categories, providing finance for corporate investments, including private debt and minority equity; capital market investments of public and private debt; real assets, principally real estate debt, and private equity secondaries funds.
Receive News & Ratings for Intermediate Capital Group plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intermediate Capital Group plc and related companies with MarketBeat.com's FREE daily email newsletter.