Intermediate Capital Group (ICP) Rating Reiterated by Numis Securities

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Intermediate Capital Group (LON:ICP)‘s stock had its “buy” rating reaffirmed by research analysts at Numis Securities in a research note issued to investors on Wednesday, Digital Look reports. They presently have a GBX 1,350 ($17.64) price target on the stock. Numis Securities’ price target indicates a potential upside of 6.72% from the stock’s current price.

A number of other equities analysts have also weighed in on the stock. Barclays initiated coverage on shares of Intermediate Capital Group in a research report on Friday, April 12th. They set an “overweight” rating and a GBX 1,430 ($18.69) target price for the company. Shore Capital reiterated a “hold” rating on shares of Intermediate Capital Group in a research report on Wednesday. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of Intermediate Capital Group in a research report on Tuesday, April 9th. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company. Intermediate Capital Group has an average rating of “Buy” and a consensus target price of GBX 1,390.20 ($18.17).

LON:ICP traded up GBX 68 ($0.89) on Wednesday, reaching GBX 1,265 ($16.53). 1,484,968 shares of the company’s stock were exchanged, compared to its average volume of 727,416. The company has a quick ratio of 1.36, a current ratio of 1.36 and a debt-to-equity ratio of 91.27. The firm has a market capitalization of $3.59 billion and a PE ratio of 12.75. Intermediate Capital Group has a 52 week low of GBX 899 ($11.75) and a 52 week high of GBX 1,226 ($16.02).

In other news, insider Michael (Rusty) Nelligan purchased 12,000 shares of the stock in a transaction dated Tuesday, February 26th. The shares were purchased at an average cost of GBX 1,025 ($13.39) per share, with a total value of £123,000 ($160,721.29).

About Intermediate Capital Group

Intermediate Capital Group plc is a private equity firm specializing in direct and fund of fund investments. Within direct it specializes in private debt, credit and equity investments. It invests in middle market, mature, growth capital, reinvestment, industry consolidations, bridge financing, restructuring of a shareholder base, acquisitions, public to private transactions with or without private equity backing, leveraged and acquisition finance, leveraged credit, partnership equity, management buyouts and management buyins, secondary investments, development capital, public quoted company finance, off-balance-sheet finance, refinancing and recapitalizations, and pre-IPO financing.

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Analyst Recommendations for Intermediate Capital Group (LON:ICP)

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