Intermediate Capital Group (OTCMKTS:ICGUF) Given New GBX 1,470 Price Target at Credit Suisse Group

Intermediate Capital Group (OTCMKTS:ICGUFGet Rating) had its price objective boosted by Credit Suisse Group from GBX 1,320 ($15.61) to GBX 1,470 ($17.38) in a report issued on Wednesday morning, The Fly reports.

Separately, Exane BNP Paribas upgraded Intermediate Capital Group from an underperform rating to a neutral rating in a research report on Tuesday, September 27th.

Intermediate Capital Group Stock Performance

OTCMKTS ICGUF opened at $14.30 on Wednesday. The stock’s 50-day simple moving average is $13.55 and its two-hundred day simple moving average is $15.82. Intermediate Capital Group has a twelve month low of $12.93 and a twelve month high of $26.30.

Intermediate Capital Group Company Profile

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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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