Intermediate Capital Group plc (LON:ICG) Receives GBX 2,565.14 Consensus Target Price from Analysts

Intermediate Capital Group plc (LON:ICG) has been assigned a consensus rating of “Moderate Buy” from the seven analysts that are covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 1 year target price among brokerages that have covered the stock in the last year is GBX 2,565.14.

A number of brokerages have issued reports on ICG. JPMorgan Chase & Co. lifted their target price on shares of 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. Jefferies Financial Group restated a “buy” rating and set a GBX 2,900 price objective on shares of Intermediate Capital Group in a research report on Thursday, January 22nd. Royal Bank Of Canada upped their target price on Intermediate Capital Group from GBX 2,400 to GBX 2,470 and gave the company a “buy” rating in a research note on Wednesday, November 5th. UBS Group reissued a “neutral” rating and set a GBX 2,250 price target on shares of Intermediate Capital Group in a research report on Friday, January 16th. Finally, Panmure Gordon reissued a “buy” rating and issued a GBX 2,450 price target on shares of Intermediate Capital Group in a report on Wednesday, November 19th.

Intermediate Capital Group Stock Performance

Intermediate Capital Group stock opened at GBX 1,643 on Tuesday. Intermediate Capital Group has a fifty-two week low of GBX 1,539 and a fifty-two week high of GBX 2,468. The firm has a market capitalization of £4.78 billion, a price-to-earnings ratio of 8.07 and a beta of 1.97. The stock’s fifty day moving average is GBX 1,996.50 and its two-hundred day moving average is GBX 2,077.54.

Intermediate Capital Group (LON:ICG) last released its quarterly earnings results on Tuesday, November 18th. The company reported GBX 103.70 earnings per share (EPS) for the quarter. Intermediate Capital Group had a return on equity of 21.46% and a net margin of 48.22%. As a group, sell-side 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 $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.