Intermediate Capital Group plc (LON:ICG) Receives GBX 2,617.67 Average PT from Analysts

Shares of Intermediate Capital Group plc (LON:ICG) have been assigned a consensus rating of “Buy” from the six research firms that are presently covering the firm, Marketbeat.com reports. Six equities research analysts have rated the stock with a buy rating. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is GBX 2,617.67.

A number of analysts have recently weighed in on the company. Panmure Gordon reiterated a “buy” rating and set a GBX 2,450 price target on shares of Intermediate Capital Group in a research report on Wednesday, November 19th. JPMorgan Chase & Co. increased their target price on Intermediate Capital Group from GBX 2,649 to GBX 2,736 and gave the stock an “overweight” rating in a research report on Wednesday, October 15th. Citigroup raised their target price on Intermediate Capital Group from GBX 2,470 to GBX 2,550 and gave the company a “buy” rating in a research note on Monday, January 5th. 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 Friday, January 9th. Finally, Royal Bank Of Canada increased their price objective on shares of Intermediate Capital Group from GBX 2,400 to GBX 2,470 and gave the stock a “buy” rating in a report on Wednesday, November 5th.

Intermediate Capital Group Stock Performance

Intermediate Capital Group stock opened at GBX 2,048 on Friday. Intermediate Capital Group has a 1 year low of GBX 1,539 and a 1 year high of GBX 2,468. The firm’s 50-day moving average is GBX 2,035.74 and its 200-day moving average is GBX 2,090.72. The company has a market cap of £5.95 billion, a P/E ratio of 10.06 and a beta of 1.97.

Intermediate Capital Group (LON:ICG) last released its quarterly earnings data on Tuesday, November 18th. The company reported GBX 103.70 earnings per share for the quarter. Intermediate Capital Group had a net margin of 48.22% and a return on equity of 21.46%. As a group, sell-side analysts predict that Intermediate Capital Group will post 166.6666667 earnings per share for the current year.

Intermediate Capital Group Company Profile

ICG (LSE: ICG) is a global alternative asset manager with $124bn* 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.