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

Shares of Intermediate Capital Group plc (LON:ICG) have earned an average recommendation of “Moderate Buy” from the seven analysts that are covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is GBX 2,565.14.

A number of analysts have recently weighed in on the stock. Jefferies Financial Group restated a “buy” rating and issued a GBX 2,900 price target on shares of Intermediate Capital Group in a report on Thursday, January 22nd. UBS Group restated a “neutral” rating and issued a GBX 2,250 target price on shares of Intermediate Capital Group in a research note on Friday, January 16th. Royal Bank Of Canada raised their price objective 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. Citigroup raised their price target on Intermediate Capital Group from GBX 2,470 to GBX 2,550 and gave the stock a “buy” rating in a report on Monday, January 5th. Finally, Panmure Gordon reaffirmed a “buy” rating and issued a GBX 2,450 price objective on shares of Intermediate Capital Group in a research report on Wednesday, November 19th.

Intermediate Capital Group Price Performance

Shares of LON ICG opened at GBX 1,652.11 on Friday. The stock has a market capitalization of £4.80 billion, a P/E ratio of 8.11 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 2,360. The business has a fifty day moving average price of GBX 1,876.86 and a 200 day moving average price of GBX 2,021.89.

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.