Intermediate Capital Group (LON:ICG) Receives Neutral Rating from UBS Group

Intermediate Capital Group (LON:ICG)‘s stock had its “neutral” rating reiterated by UBS Group in a report released on Monday,Digital Look reports. They presently have a GBX 2,150 price objective on the stock. UBS Group’s target price suggests a potential upside of 18.52% from the stock’s current price.

ICG has been the topic of several other reports. Jefferies Financial Group decreased their price objective on shares of Intermediate Capital Group from GBX 2,900 to GBX 2,500 and set a “buy” rating on the stock in a report on Wednesday, May 13th. Citigroup reduced their price target on shares of Intermediate Capital Group from GBX 2,550 to GBX 2,290 and set a “buy” rating for the company in a research report on Tuesday, April 14th. Six equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of GBX 2,456.57.

Intermediate Capital Group Stock Performance

Intermediate Capital Group stock opened at GBX 1,814 on Monday. The stock has a market capitalization of £5.19 billion, a P/E ratio of 8.91 and a beta of 1.40. The company’s fifty day moving average price is GBX 1,684.73 and its 200 day moving average price is GBX 1,843.07. Intermediate Capital Group has a 1 year low of GBX 1,424.88 and a 1 year high of GBX 2,340.

Insiders Place Their Bets

In other Intermediate Capital Group news, insider David Bicarregui bought 30,000 shares of Intermediate Capital Group stock in a transaction dated Tuesday, March 24th. The stock was acquired at an average cost of GBX 1,493 per share, for a total transaction of £447,900. Also, insider Matthew Lester bought 504 shares of Intermediate Capital Group stock in a transaction dated Tuesday, March 3rd. The stock was acquired at an average price of GBX 1,584 per share, with a total value of £7,983.36. Company insiders own 2.50% of the company’s stock.

About Intermediate Capital Group

ICG (LSE: ICG) is a global alternative asset manager with $127bn* in AUM and more than three decades of experience generating attractive returns. We operate from over 20 locations globally and invest our clients’ capital across Structured Capital; Private Equity Secondaries; Private Debt; Credit; and Real Assets. Our exceptional people originate differentiated opportunities, invest responsibly, and deliver long-term value. We partner with management teams, founders, and business owners in a creative and solutions-focused approach, supporting them with our expertise and flexible capital.