Intermediate Capital Group plc (ICP) Earns Overweight Rating from JPMorgan Chase & Co.
Intermediate Capital Group plc (LON:ICP)‘s stock had its “overweight” rating reissued by research analysts at JPMorgan Chase & Co. in a research report issued to clients and investors on Wednesday. They presently have a GBX 700 ($8.75) price objective on the stock. JPMorgan Chase & Co.’s price objective would indicate a potential upside of 3.93% from the company’s previous close.
Other equities research analysts also recently issued reports about the company. Numis Securities Ltd reiterated a “hold” rating and issued a GBX 566 ($7.07) price objective on shares of Intermediate Capital Group plc in a report on Tuesday. Liberum Capital reiterated a “buy” rating and issued a GBX 692 ($8.65) price objective on shares of Intermediate Capital Group plc in a report on Thursday, July 21st. Finally, Societe Generale reiterated a “buy” rating and issued a GBX 750 ($9.37) price objective on shares of Intermediate Capital Group plc in a report on Friday, November 11th. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of GBX 686.43 ($8.58).
Shares of Intermediate Capital Group plc (LON:ICP) opened at 676.426 on Wednesday. The stock’s market capitalization is GBX 1.87 billion. The stock has a 50 day moving average of GBX 606.08 and a 200-day moving average of GBX 632.24. Intermediate Capital Group plc has a one year low of GBX 500.96 and a one year high of GBX 766.69.
The company also recently declared a dividend, which will be paid on Monday, January 9th. Shareholders of record on Thursday, December 1st will be paid a dividend of GBX 7.50 ($0.09) per share. The ex-dividend date of this dividend is Thursday, December 1st. This represents a dividend yield of 1.11%.
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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