Intermediate Capital Group plc (LON:ICG) Given Average Rating of “Moderate Buy” by Analysts

Shares of Intermediate Capital Group plc (LON:ICG) have received an average rating of “Moderate Buy” from the eight ratings firms that are currently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average twelve-month target price among brokers that have covered the stock in the last year is GBX 2,508.25.

A number of research firms recently commented on ICG. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 2,800 price objective on shares of Intermediate Capital Group in a research note on Wednesday, June 3rd. Berenberg Bank lowered their price target on shares of Intermediate Capital Group from GBX 2,800 to GBX 2,670 and set a “buy” rating for the company in a report on Thursday, June 4th. Citigroup dropped 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. UBS Group reaffirmed a “neutral” rating and issued a GBX 2,150 price objective on shares of Intermediate Capital Group in a research note on Monday, May 18th. Finally, Jefferies Financial Group decreased 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.

Intermediate Capital Group Stock Up 1.0%

Shares of LON:ICG opened at GBX 1,756 on Friday. The firm has a market cap of £5.08 billion, a P/E ratio of 10.71 and a beta of 1.41. Intermediate Capital Group has a 12-month low of GBX 1,424.88 and a 12-month high of GBX 2,340. The business has a fifty day simple moving average of GBX 1,807.61 and a 200 day simple moving average of GBX 1,791.51.

Intermediate Capital Group (LON:ICG) last released its quarterly earnings results on Thursday, May 21st. The company reported GBX 166.80 EPS for the quarter. The firm had revenue of GBX 103.60 billion for the quarter. Intermediate Capital Group had a return on equity of 18.00% and a net margin of 49.28%. As a group, equities research analysts expect that Intermediate Capital Group will post 166.6666667 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.