JPMorgan Chase & Co. Boosts Intermediate Capital Group (ICP) Price Target to GBX 1,350
Intermediate Capital Group (LON:ICP) had its price objective upped by analysts at JPMorgan Chase & Co. from GBX 1,210 ($16.99) to GBX 1,350 ($18.96) in a research note issued on Friday. The firm currently has an “overweight” rating on the stock. JPMorgan Chase & Co.’s price target would indicate a potential upside of 20.11% from the company’s previous close.
Several other analysts have also weighed in on ICP. Numis Securities reiterated an “add” rating and issued a GBX 1,320 ($18.54) price objective on shares of Intermediate Capital Group in a research note on Thursday. Shore Capital reiterated a “sell” rating on shares of Intermediate Capital Group in a research note on Thursday. Liberum Capital reiterated a “buy” rating and issued a GBX 1,010 ($14.18) price objective on shares of Intermediate Capital Group in a research note on Thursday. Macquarie lifted their price objective on shares of Intermediate Capital Group from GBX 780 ($10.95) to GBX 1,170 ($16.43) and gave the company a “neutral” rating in a research note on Wednesday, January 3rd. Finally, reiterated an “add” rating and issued a GBX 967 ($13.58) price objective on shares of Intermediate Capital Group in a research note on Tuesday, November 14th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of GBX 1,085.56 ($15.24).
Shares of Intermediate Capital Group (LON:ICP) opened at GBX 1,124 ($15.78) on Friday. The firm has a market cap of $3,260.00 and a price-to-earnings ratio of 1,605.71. Intermediate Capital Group has a one year low of GBX 680 ($9.55) and a one year high of GBX 1,204 ($16.91).
In other Intermediate Capital Group news, insider Philip Keller sold 130,000 shares of the business’s stock in a transaction on Tuesday, November 14th. The shares were sold at an average price of GBX 1,007 ($14.14), for a total transaction of £1,309,100 ($1,838,365.40).
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Intermediate Capital Group Company Profile
Intermediate Capital Group plc is a specialist asset manager. The Company is the fund management company (FMC) and the investment company (IC). Its funds invest across four asset categories, providing finance for corporate investments, including private debt and minority equity; capital market investments of public and private debt; real assets, principally real estate debt, and private equity secondaries funds.
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