Intermediate Capital Group’s (ICG) Neutral Rating Reiterated at UBS Group

Intermediate Capital Group (LON:ICG)‘s stock had its “neutral” rating reissued by investment analysts at UBS Group in a research note issued to investors on Monday,Digital Look reports. They presently have a GBX 2,150 target price on the stock. UBS Group’s price target would indicate a potential upside of 18.52% from the stock’s previous close.

Other research analysts have also recently issued research reports about the stock. Citigroup lowered their price target on shares of Intermediate Capital Group from GBX 2,550 to GBX 2,290 and set a “buy” rating on the stock in a research report on Tuesday, April 14th. Jefferies Financial Group cut their price objective on shares of Intermediate Capital Group from GBX 2,900 to GBX 2,500 and set a “buy” rating for the company in a research report on Wednesday, May 13th. Six analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of GBX 2,456.57.

Intermediate Capital Group Stock Performance

LON ICG opened at GBX 1,814 on Monday. The stock’s fifty day moving average is GBX 1,684.73 and its two-hundred day moving average is GBX 1,843.07. The firm has a market capitalization of £5.19 billion, a P/E ratio of 8.91 and a beta of 1.40. Intermediate Capital Group has a fifty-two week low of GBX 1,424.88 and a fifty-two week high of GBX 2,340.

Insiders Place Their Bets

In other Intermediate Capital Group news, insider David Bicarregui bought 30,000 shares of Intermediate Capital Group stock in a transaction on Tuesday, March 24th. The shares were bought at an average price of GBX 1,493 per share, for a total transaction of £447,900. Also, insider Matthew Lester purchased 504 shares of the firm’s stock in a transaction dated Tuesday, March 3rd. The stock was acquired at an average cost of GBX 1,584 per share, for a total transaction of £7,983.36. 2.50% of the stock is owned by insiders.

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.