Intermediate Capital Group (LON:ICG) Trading 0.1% Higher – Still a Buy?

Shares of Intermediate Capital Group plc (LON:ICG) traded up 0.1% during mid-day trading on Friday . The company traded as high as GBX 1,964 ($26.41) and last traded at GBX 1,932 ($25.98). 1,906,596 shares were traded during mid-day trading, a decline of 21% from the average session volume of 2,407,825 shares. The stock had previously closed at GBX 1,931 ($25.97).

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Intermediate Capital Group in a report on Thursday, March 6th.

Intermediate Capital Group Stock Performance

The stock has a market capitalization of £5.45 billion, a price-to-earnings ratio of 12.06 and a beta of 1.97. The firm has a fifty day moving average of GBX 1,944.04 and a 200-day moving average of GBX 2,063.96.

Intermediate Capital Group (LON:ICG) last announced its quarterly earnings results on Wednesday, May 21st. The company reported GBX 157.10 ($2.11) earnings per share (EPS) for the quarter. Intermediate Capital Group had a return on equity of 21.46% and a net margin of 48.22%. On average, analysts predict that Intermediate Capital Group plc will post 166.6666667 EPS for the current year.

About Intermediate Capital Group

ICG (LSE: ICG) is a global alternative asset manager with $112bn* 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.