Intermediate Capital Group (LON:ICG) Stock Price Expected to Rise, Citigroup Analyst Says

Intermediate Capital Group (LON:ICG) had its price target upped by stock analysts at Citigroup from GBX 2,360 ($31.68) to GBX 2,400 ($32.21) in a research report issued on Thursday, MarketBeat Ratings reports. The brokerage currently has a “buy” rating on the stock. Citigroup’s price target points to a potential upside of 11.32% from the company’s current price.

Intermediate Capital Group Stock Up 2.4%

Shares of Intermediate Capital Group stock opened at GBX 2,156 ($28.94) on Thursday. The company has a market cap of £6.08 billion, a price-to-earnings ratio of 13.46 and a beta of 1.97. The company’s 50 day moving average is GBX 1,997.85 and its 200 day moving average is GBX 2,044.42. Intermediate Capital Group has a twelve month low of GBX 1,539 ($20.66) and a twelve month high of GBX 2,468 ($33.13).

Intermediate Capital Group (LON:ICG) last announced its quarterly earnings data on Wednesday, May 21st. The company reported GBX 157.10 ($2.11) EPS for the quarter. Intermediate Capital Group had a net margin of 48.22% and a return on equity of 21.46%. Sell-side analysts expect that Intermediate Capital Group will post 166.6666667 EPS for the current fiscal year.

About Intermediate Capital Group

ICG (LSE: ICG) is a global alternative asset manager with $123bn* 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.