Intermediate Capital Group plc (LON:ICP) had its price target upped by Numis Securities Ltd from GBX 542 ($6.71) to GBX 566 ($7.00) in a report released on Wednesday. They currently have a hold rating on the stock.
Several other brokerages have also issued reports on ICP. Liberum Capital lowered Intermediate Capital Group plc to a hold rating and dropped their price objective for the stock from GBX 703 ($8.70) to GBX 692 ($8.56) in a report on Wednesday, June 8th. Jefferies Group reaffirmed a buy rating and set a GBX 735 ($9.10) price objective on shares of Intermediate Capital Group plc in a report on Thursday, June 16th. Finally, JPMorgan Chase & Co. reissued an overweight rating and set a GBX 630 ($7.80) price target on shares of Intermediate Capital Group plc in a report on Tuesday, August 2nd. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock has an average rating of Buy and an average target price of GBX 682.86 ($8.45).
Shares of Intermediate Capital Group plc (LON:ICP) opened at 605.50 on Wednesday. Intermediate Capital Group plc has a 1-year low of GBX 445.30 and a 1-year high of GBX 681.50. The firm’s 50-day moving average price is GBX 602.92 and its 200 day moving average price is GBX 648.08. The stock’s market capitalization is GBX 1.67 billion.
About Intermediate Capital Group plc
Intermediate Capital Group plc (ICG) is a United Kingdom-based investment firm. The Firm provides mezzanine finance, leveraged credit and minority equity. ICG provides mezzanine and equity financing to private equity buyout investors, management-led sponsor-less transactions and companies in need of development financing or debt restructuring solutions.
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