Analysts Set Intermediate Capital Group plc (LON:ICG) Target Price at GBX 2,508.25

Shares of Intermediate Capital Group plc (LON:ICG) have been given an average rating of “Moderate Buy” by the eight brokerages that are currently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is GBX 2,508.25.

Several equities analysts have recently issued reports on the stock. UBS Group reiterated a “neutral” rating and set a GBX 2,150 target price on shares of Intermediate Capital Group in a report on Monday, May 18th. Jefferies Financial Group cut their price target on Intermediate Capital Group from GBX 2,900 to GBX 2,500 and set a “buy” rating on the stock in a research note on Wednesday, May 13th. Citigroup reduced their price objective on Intermediate Capital Group from GBX 2,550 to GBX 2,290 and set a “buy” rating for the company in a research report on Tuesday, April 14th. Berenberg Bank lowered their price objective on Intermediate Capital Group from GBX 2,800 to GBX 2,670 and set a “buy” rating for the company in a research note on Thursday, June 4th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 2,800 price objective on shares of Intermediate Capital Group in a research note on Wednesday, June 3rd.

Intermediate Capital Group Price Performance

Shares of Intermediate Capital Group stock opened at GBX 1,764.50 on Friday. Intermediate Capital Group has a 1 year low of GBX 1,424.88 and a 1 year high of GBX 2,340. The firm has a market cap of £5.11 billion, a price-to-earnings ratio of 10.77 and a beta of 1.42. The company has a 50-day moving average of GBX 1,801.71 and a 200 day moving average of GBX 1,781.58.

Intermediate Capital Group (LON:ICG) last posted its quarterly earnings data on Thursday, May 21st. The company reported GBX 166.80 EPS for the quarter. The business had revenue of GBX 103.60 billion for the quarter. Intermediate Capital Group had a net margin of 49.28% and a return on equity of 18.00%. On average, equities analysts anticipate that Intermediate Capital Group will post 166.6666667 EPS for the current year.

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.