Analysts Set Intermediate Capital Group plc (LON:ICG) PT at GBX 2,508.25

Shares of Intermediate Capital Group plc (LON:ICG) have been assigned an average recommendation of “Moderate Buy” from the eight research firms that are presently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a hold rating and seven have issued a buy rating on the company. The average 1-year price target among analysts that have covered the stock in the last year is GBX 2,508.25.

A number of equities analysts have recently issued reports on ICG shares. Jefferies Financial Group cut their price objective on Intermediate Capital Group from GBX 2,900 to GBX 2,500 and set a “buy” rating for the company in a report on Wednesday, May 13th. Berenberg Bank reissued a “buy” rating and set a GBX 2,670 price objective on shares of Intermediate Capital Group in a report on Thursday, July 16th. Citigroup dropped their target price 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. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 2,800 target price on shares of Intermediate Capital Group in a research note on Wednesday, June 3rd. Finally, UBS Group reiterated a “neutral” rating and set a GBX 2,150 price target on shares of Intermediate Capital Group in a research report on Monday, May 18th.

Intermediate Capital Group Stock Performance

LON ICG opened at GBX 1,888 on Tuesday. Intermediate Capital Group has a 52-week low of GBX 1,424.88 and a 52-week high of GBX 2,340. The company has a market capitalization of £5.47 billion, a P/E ratio of 11.52 and a beta of 1.42. The company has a fifty day moving average of GBX 1,805.83 and a 200-day moving average of GBX 1,761.27.

Intermediate Capital Group (LON:ICG) last released its earnings results on Thursday, May 21st. The company reported GBX 166.80 EPS for the quarter. Intermediate Capital Group had a return on equity of 18.00% and a net margin of 49.28%.The business had revenue of GBX 103.60 billion for the quarter. As a group, analysts forecast that Intermediate Capital Group will post 166.6666667 EPS for the current fiscal year.

About Intermediate Capital Group

ICG (LSE: ICG) is a global alternative asset manager with $126bn* 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.