Intermediate Capital Group’s (ICP) Overweight Rating Reiterated at Barclays

Intermediate Capital Group (LON:ICPGet Rating)‘s stock had its “overweight” rating reaffirmed by stock analysts at Barclays in a report issued on Monday, Marketbeat Ratings reports. They presently have a GBX 2,545 ($32.02) target price on the stock. Barclays‘s price objective points to a potential upside of 75.09% from the company’s current price.

Separately, JPMorgan Chase & Co. cut their target price on Intermediate Capital Group from GBX 3,000 ($37.75) to GBX 2,885 ($36.30) and set an “overweight” rating for the company in a research note on Wednesday, January 26th.

Shares of LON ICP opened at GBX 1,453.50 ($18.29) on Monday. The company has a market capitalization of £4.22 billion and a P/E ratio of 8.37. The company has a debt-to-equity ratio of 85.28, a current ratio of 1.43 and a quick ratio of 1.15. The company has a 50 day simple moving average of GBX 1,602.46 and a 200-day simple moving average of GBX 1,854.83. Intermediate Capital Group has a 1 year low of GBX 1,285 ($16.17) and a 1 year high of GBX 2,493 ($31.37).

In other news, insider Rosemary Leith acquired 675 shares of the business’s stock in a transaction that occurred on Wednesday, March 16th. The shares were purchased at an average price of GBX 1,716 ($21.59) per share, for a total transaction of £11,583 ($14,575.31). Also, insider Stephen Welton bought 5,000 shares of the stock in a transaction that occurred on Tuesday, March 1st. The shares were purchased at an average price of GBX 1,656 ($20.84) per share, with a total value of £82,800 ($104,190.26). Insiders bought a total of 15,675 shares of company stock worth $26,608,300 over the last three months.

Intermediate Capital Group Company Profile (Get Rating)

Intermediate Capital Group plc is a private equity firm specializing in direct and fund of fund investments. Within direct it specializes in private debt, credit and equity investments. It invests in middle market, mature, growth capital, reinvestment, industry consolidations, bridge financing, restructuring of a shareholder base, acquisitions, public to private transactions with or without private equity backing, leveraged and acquisition finance, leveraged credit, partnership equity, management buyouts and management buyins, secondary investments, development capital, public quoted company finance, off-balance-sheet finance, refinancing and recapitalizations, and pre-IPO financing.

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