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

Intermediate Capital Group plc (LON:ICG) has earned a consensus recommendation of “Moderate Buy” from the eight brokerages that are presently covering the firm, MarketBeat 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 target price among analysts that have issued ratings on the stock in the last year is GBX 2,508.25.

Several research analysts have recently commented on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 2,800 price target on shares of Intermediate Capital Group in a report on Wednesday, June 3rd. Berenberg Bank restated 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.

Intermediate Capital Group Price Performance

Shares of ICG opened at GBX 1,890 on Wednesday. The stock has a market capitalization of £5.47 billion, a PE ratio of 11.53 and a beta of 1.44. The business’s fifty day moving average price is GBX 1,946.85 and its 200 day moving average price is GBX 1,804.38. Intermediate Capital Group has a 12-month low of GBX 1,424.88 and a 12-month high of GBX 2,312.

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.