Intermediate Capital Group plc (LON:ICG) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Intermediate Capital Group plc (LON:ICG) have been given a consensus rating of “Moderate Buy” by the seven research firms that are presently covering the company, MarketBeat reports. One research analyst has rated the stock with a hold rating and six have issued a buy rating on the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is GBX 2,456.57.

A number of equities analysts have commented on ICG shares. Jefferies Financial Group dropped their price objective on shares of Intermediate Capital Group from GBX 2,900 to GBX 2,500 and set a “buy” rating for the company in a research note on Wednesday, May 13th. UBS Group reaffirmed a “neutral” rating and issued a GBX 2,150 price target on shares of Intermediate Capital Group in a report on Monday. Finally, Citigroup dropped their price target on 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.

Intermediate Capital Group Stock Performance

ICG stock opened at GBX 1,827 on Thursday. The firm has a fifty day moving average price of GBX 1,688.73 and a 200 day moving average price of GBX 1,842.11. Intermediate Capital Group has a fifty-two week low of GBX 1,424.88 and a fifty-two week high of GBX 2,340. The firm has a market cap of £5.22 billion, a PE ratio of 8.97 and a beta of 1.40.

Insider Activity at Intermediate Capital Group

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

Intermediate Capital Group Company Profile

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.