Intermediate Capital Group plc (LON:ICP) insider Davies of Abersoch purchased 8,867 shares of the business’s stock in a transaction dated Wednesday, March 25th. The stock was bought at an average cost of GBX 868 ($11.42) per share, with a total value of £76,965.56 ($101,243.83).
Intermediate Capital Group stock opened at GBX 936.50 ($12.32) on Friday. Intermediate Capital Group plc has a one year low of GBX 452 ($5.95) and a one year high of GBX 1,896 ($24.94). The business has a fifty day moving average price of GBX 1,458.27 and a 200-day moving average price of GBX 1,506.57. The company has a debt-to-equity ratio of 90.87, a current ratio of 1.11 and a quick ratio of 0.79. The firm has a market capitalization of $2.58 billion and a P/E ratio of 13.26.
A number of equities analysts have recently commented on ICP shares. Shore Capital reaffirmed a “hold” rating on shares of Intermediate Capital Group in a report on Thursday, January 30th. Citigroup reaffirmed a “buy” rating on shares of Intermediate Capital Group in a report on Tuesday, February 11th. Barclays raised their price target on Intermediate Capital Group from GBX 1,580 ($20.78) to GBX 1,685 ($22.17) and gave the stock an “overweight” rating in a report on Monday, January 13th. Jefferies Financial Group raised their price target on Intermediate Capital Group from GBX 1,600 ($21.05) to GBX 1,790 ($23.55) and gave the stock a “buy” rating in a report on Tuesday, December 3rd. Finally, JPMorgan Chase & Co. cut their price target on Intermediate Capital Group from GBX 1,800 ($23.68) to GBX 1,400 ($18.42) and set an “overweight” rating for the company in a report on Wednesday, March 18th. One analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. Intermediate Capital Group has a consensus rating of “Buy” and a consensus target price of GBX 1,640.17 ($21.58).
About Intermediate Capital Group
Intermediate Capital Group plc is a private equity firm specializing in direct and fund of fund investments. Within direct it specializes in private debt, credit and equity investments. It invests in middle market, mature, growth capital, reinvestment, industry consolidations, bridge financing, restructuring of a shareholder base, acquisitions, public to private transactions with or without private equity backing, leveraged and acquisition finance, leveraged credit, partnership equity, management buyouts and management buyins, secondary investments, development capital, public quoted company finance, off-balance-sheet finance, refinancing and recapitalizations, and pre-IPO financing.
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