Brokerages Set Intermediate Capital Group plc (LON:ICG) PT at GBX 2,617.67

Intermediate Capital Group plc (LON:ICG) has earned a consensus rating of “Buy” from the six ratings firms that are presently covering the company, Marketbeat Ratings reports. Six research analysts have rated the stock with a buy recommendation. The average 12 month price objective among brokers that have issued a report on the stock in the last year is GBX 2,617.67.

Several equities research analysts have recently commented on the company. JPMorgan Chase & Co. boosted their price target on Intermediate Capital Group from GBX 2,649 to GBX 2,736 and gave the stock an “overweight” rating in a research note on Wednesday, October 15th. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 2,900 price objective on shares of Intermediate Capital Group in a report on Friday. Panmure Gordon reiterated a “buy” rating and set a GBX 2,450 target price on shares of Intermediate Capital Group in a research report on Wednesday, November 19th. Citigroup raised their price target on Intermediate Capital Group from GBX 2,470 to GBX 2,550 and gave the company a “buy” rating in a research report on Monday, January 5th. Finally, Royal Bank Of Canada lifted their price target on Intermediate Capital Group from GBX 2,400 to GBX 2,470 and gave the stock a “buy” rating in a research note on Wednesday, November 5th.

Intermediate Capital Group Stock Up 1.2%

Shares of LON ICG opened at GBX 2,092 on Friday. Intermediate Capital Group has a 52 week low of GBX 1,539 and a 52 week high of GBX 2,468. The firm has a 50-day moving average price of GBX 2,030.47 and a 200 day moving average price of GBX 2,091.22. The stock has a market capitalization of £6.08 billion, a price-to-earnings ratio of 10.28 and a beta of 1.97.

Intermediate Capital Group (LON:ICG) last issued its earnings results on Tuesday, November 18th. The company reported GBX 103.70 earnings per share for the quarter. Intermediate Capital Group had a net margin of 48.22% and a return on equity of 21.46%. Equities research analysts expect that Intermediate Capital Group will post 166.6666667 EPS for the current fiscal year.

Intermediate Capital Group Company Profile

ICG (LSE: ICG) is a global alternative asset manager with $124bn* 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.