Intermediate Capital Group plc (LON:ICG) Receives GBX 2,508.25 Average Target Price from Brokerages

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

Several brokerages recently weighed in on ICG. Berenberg Bank reissued a “buy” rating and issued a GBX 2,670 target price on shares of Intermediate Capital Group in a research note on Thursday, July 16th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 2,800 price target on shares of Intermediate Capital Group in a report on Wednesday, June 3rd. UBS Group reissued a “neutral” rating and set a GBX 2,150 price target on shares of Intermediate Capital Group in a research note on Monday, May 18th. Citigroup lowered 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. Finally, Jefferies Financial Group reduced their target price on Intermediate Capital Group from GBX 2,900 to GBX 2,500 and set a “buy” rating on the stock in a research report on Wednesday, May 13th.

Intermediate Capital Group Stock Up 1.6%

Shares of ICG stock opened at GBX 1,981 on Tuesday. The business has a fifty day simple moving average of GBX 1,807.12 and a 200-day simple moving average of GBX 1,758.50. Intermediate Capital Group has a fifty-two week low of GBX 1,424.88 and a fifty-two week high of GBX 2,340. The stock has a market cap of £5.74 billion, a P/E ratio of 12.09 and a beta of 1.42.

Intermediate Capital Group (LON:ICG) last issued its quarterly earnings data on Thursday, May 21st. The company reported GBX 166.80 earnings per share (EPS) for the quarter. Intermediate Capital Group had a return on equity of 18.00% and a net margin of 49.28%.The firm had revenue of GBX 103.60 billion during the quarter. On average, sell-side analysts anticipate that Intermediate Capital Group will post 166.6666667 earnings per share 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.