Intermediate Capital Group’s (ICG) “Neutral” Rating Reiterated at UBS Group

UBS Group restated their neutral rating on shares of Intermediate Capital Group (LON:ICG) in a research report sent to investors on Friday morning, Marketbeat Ratings reports. The brokerage currently has a GBX 2,250 target price on the stock.

Other equities analysts have also recently issued reports about the company. JPMorgan Chase & Co. lifted their target price on Intermediate Capital Group from GBX 2,649 to GBX 2,736 and gave the stock an “overweight” rating in a report on Wednesday, October 15th. Royal Bank Of Canada increased their price target on Intermediate Capital Group from GBX 2,400 to GBX 2,470 and gave the company a “buy” rating in a research report on Wednesday, November 5th. Jefferies Financial Group restated a “buy” rating and set a GBX 2,900 price objective on shares of Intermediate Capital Group in a report on Friday, January 9th. Panmure Gordon reaffirmed a “buy” rating and set a GBX 2,450 price objective on shares of Intermediate Capital Group in a research note on Wednesday, November 19th. Finally, Citigroup lifted their target price on shares of Intermediate Capital Group from GBX 2,470 to GBX 2,550 and gave the stock a “buy” rating in a research report on Monday, January 5th. Six equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, Intermediate Capital Group presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 2,565.14.

Intermediate Capital Group Trading Up 1.0%

ICG opened at GBX 2,050 on Friday. The company’s 50 day moving average is GBX 2,038.08 and its 200-day moving average is GBX 2,093.77. Intermediate Capital Group has a 1-year low of GBX 1,539 and a 1-year high of GBX 2,468. The company has a market cap of £5.96 billion, a P/E ratio of 10.07 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%. On average, equities analysts forecast that Intermediate Capital Group will post 166.6666667 EPS for the current year.

About Intermediate Capital Group

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.