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

Shares of Intermediate Capital Group plc (LON:ICG) have earned an average rating of “Moderate Buy” from the seven brokerages that are presently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is GBX 2,565.14.

ICG has been the subject of a number of research reports. UBS Group reissued a “neutral” rating and issued a GBX 2,250 price target on shares of Intermediate Capital Group in a report on Friday, January 16th. Jefferies Financial Group reaffirmed 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 lifted their target price on Intermediate Capital Group from GBX 2,400 to GBX 2,470 and gave the stock a “buy” rating in a research report on Wednesday, November 5th. Panmure Gordon reaffirmed a “buy” rating and issued a GBX 2,450 price target on shares of Intermediate Capital Group in a report on Wednesday, November 19th. Finally, Citigroup raised their price objective 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 Trading Up 0.3%

ICG opened at GBX 1,647 on Friday. The business has a 50 day moving average of GBX 1,859.55 and a 200-day moving average of GBX 2,015.08. The stock has a market capitalization of £4.79 billion, a price-to-earnings ratio of 8.09 and a beta of 1.49. Intermediate Capital Group has a 1-year low of GBX 1,539 and a 1-year high of GBX 2,340.

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.