Numis Securities Ltd Increases Intermediate Capital Group plc (ICP) Price Target to GBX 566
Intermediate Capital Group plc (LON:ICP) had its target price lifted by investment analysts at Numis Securities Ltd from GBX 542 ($7.07) to GBX 566 ($7.39) in a report released on Wednesday. The firm presently has a “hold” rating on the stock. Numis Securities Ltd’s price objective would indicate a potential downside of 8.41% from the stock’s current price.
A number of other analysts also recently commented on ICP. JPMorgan Chase & Co. upped their price objective on Intermediate Capital Group plc from GBX 630 ($8.22) to GBX 700 ($9.14) and gave the stock an “overweight” rating in a report on Tuesday, September 13th. Jefferies Group restated a “buy” rating and set a GBX 735 ($9.59) price objective on shares of Intermediate Capital Group plc in a report on Thursday, June 16th. Finally, Liberum Capital restated a “buy” rating and set a GBX 692 ($9.03) price objective on shares of Intermediate Capital Group plc in a report on Thursday, July 21st. Three investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of GBX 682.86 ($8.91).
Shares of Intermediate Capital Group plc (LON:ICP) opened at 613.50 on Wednesday. Intermediate Capital Group plc has a 52-week low of GBX 445.30 and a 52-week high of GBX 681.50. The firm’s market cap is GBX 1.70 billion. The stock’s 50 day moving average price is GBX 601.36 and its 200-day moving average price is GBX 609.05.
Intermediate Capital Group plc Company Profile
Intermediate Capital Group plc (ICG) is a United Kingdom-based investment firm. The Firm provides mezzanine finance, leveraged credit and minority equity. ICG provides mezzanine and equity financing to private equity buyout investors, management-led sponsor-less transactions and companies in need of development financing or debt restructuring solutions.
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