Intermediate Capital Group (LON:ICG) Stock Rating Reaffirmed as Buy by Jefferies Financial Group

Intermediate Capital Group (LON:ICG)‘s stock had its “buy” rating reissued by equities researchers at Jefferies Financial Group in a report released on Thursday, Digital Look reports. They currently have a GBX 2,700 price objective on the stock. Jefferies Financial Group‘s target price suggests a potential upside of 44.15% from the company’s current price.

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 2,640 price objective on shares of Intermediate Capital Group in a research report on Friday, September 25th. Five investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of GBX 2,505.

Intermediate Capital Group Trading Down 4.1%

ICG stock traded down GBX 81 during trading on Thursday, hitting GBX 1,873. The company had a trading volume of 3,249,231 shares, compared to its average volume of 7,433,635. The business has a 50-day moving average of GBX 1,852.37 and a 200-day moving average of GBX 1,800.95. Intermediate Capital Group has a one year low of GBX 1,424.88 and a one year high of GBX 2,148. The stock has a market cap of £5.44 billion, a PE ratio of 11.43 and a beta of 1.45.

Intermediate Capital Group (LON:ICG) last released its earnings results on Wednesday, November 11th. The company reported GBX 82.30 earnings per share for the quarter. Intermediate Capital Group had a net margin of 49.28% and a return on equity of 18.00%. The business had revenue of £532.10 million during the quarter. Research analysts forecast that Intermediate Capital Group will post 166.67 EPS for the current year.

Intermediate Capital Group Company Profile

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.