Intermediate Capital Group (LON:ICG) Stock Gets Price Target Trim from Jefferies Financial Group

Intermediate Capital Group (LON:ICG) had its target price lowered by Jefferies Financial Group from GBX 2,800 to GBX 2,700 in a research report sent to investors on Monday morning,Digital Look reports. The firm currently has a buy rating on the stock.

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 2,640 price objective on shares of Intermediate Capital Group in a report on Friday, September 25th. Six research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of GBX 2,500.

Intermediate Capital Group Price Performance

Intermediate Capital Group stock opened at GBX 1,757 on Monday. Intermediate Capital Group has a one year low of GBX 1,424.88 and a one year high of GBX 2,148. The business has a fifty day moving average price of GBX 1,918.66 and a 200-day moving average price of GBX 1,838.22. The firm has a market capitalization of £5.11 billion, a P/E ratio of 10.72 and a beta of 1.44.

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.