Intermediate Capital Group’s (ICG) “Buy” Rating Reiterated at Berenberg Bank

Intermediate Capital Group (LON:ICG)‘s stock had its “buy” rating reissued by equities research analysts at Berenberg Bank in a note issued to investors on Friday, Digital Look reports. They presently have a GBX 2,640 target price on the stock. Berenberg Bank’s price target points to a potential upside of 41.99% from the company’s previous close.

Separately, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 2,800 price target on shares of Intermediate Capital Group in a research note on Wednesday, June 3rd. Seven investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of GBX 2,504.50.

Intermediate Capital Group Stock Performance

Shares of Intermediate Capital Group stock opened at GBX 1,859.25 on Friday. Intermediate Capital Group has a 52-week low of GBX 1,424.88 and a 52-week high of GBX 2,312. The company has a fifty day moving average of GBX 1,950.49 and a 200-day moving average of GBX 1,812.18. The stock has a market capitalization of £5.38 billion, a price-to-earnings ratio of 11.34 and a beta of 1.44.

About Intermediate Capital Group

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.