Intermediate Capital Group plc (LON:ICG) Receives GBX 2,565.14 Consensus PT from Brokerages

Intermediate Capital Group plc (LON:ICG) has earned an average rating of “Moderate Buy” from the seven ratings firms that are covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is GBX 2,565.14.

A number of equities research analysts have weighed in on ICG shares. Jefferies Financial Group restated a “buy” rating and set a GBX 2,900 price target on shares of Intermediate Capital Group in a research report on Thursday, January 22nd. UBS Group reiterated a “neutral” rating and issued a GBX 2,250 price objective on shares of Intermediate Capital Group in a report on Friday, January 16th. Panmure Gordon reiterated a “buy” rating and set a GBX 2,450 price objective on shares of Intermediate Capital Group in a research report on Wednesday, November 19th. Finally, Citigroup boosted their target price on Intermediate Capital Group from GBX 2,470 to GBX 2,550 and gave the stock a “buy” rating in a research report on Monday, January 5th.

Intermediate Capital Group Stock Down 2.9%

Shares of LON ICG traded down GBX 47 during mid-day trading on Friday, reaching GBX 1,585. 18,697,395 shares of the company were exchanged, compared to its average volume of 10,247,895. Intermediate Capital Group has a 52 week low of GBX 1,539 and a 52 week high of GBX 2,340. The company’s 50 day moving average price is GBX 1,842.21 and its 200 day moving average price is GBX 2,008.30. The stock has a market capitalization of £4.61 billion, a PE ratio of 7.78 and a beta of 1.43.

Insider Activity at Intermediate Capital Group

In other Intermediate Capital Group news, insider Matthew Lester purchased 504 shares of the firm’s stock in a transaction on Tuesday, March 3rd. The shares were purchased at an average cost of GBX 1,584 per share, with a total value of £7,983.36. Company insiders own 2.50% of the company’s stock.

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.