Intermediate Capital Group plc (LON:ICG) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Intermediate Capital Group plc (LON:ICG) have received an average recommendation of “Moderate Buy” from the seven brokerages that are presently covering the stock, Marketbeat reports. One research analyst has rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is GBX 2,565.14.

A number of analysts have recently weighed in on ICG shares. Jefferies Financial Group reiterated a “buy” rating and set a GBX 2,900 target price on shares of Intermediate Capital Group in a report on Thursday, January 22nd. JPMorgan Chase & Co. upped their price target on Intermediate Capital Group from GBX 2,649 to GBX 2,736 and gave the company an “overweight” rating in a research report on Wednesday, October 15th. UBS Group reiterated a “neutral” rating and issued a GBX 2,250 price objective on shares of Intermediate Capital Group in a research report on Friday, January 16th. Royal Bank Of Canada boosted their target price on Intermediate Capital Group from GBX 2,400 to GBX 2,470 and gave the company a “buy” rating in a research note on Wednesday, November 5th. Finally, Citigroup raised their price target on Intermediate Capital Group from GBX 2,470 to GBX 2,550 and gave the stock a “buy” rating in a research note on Monday, January 5th.

Intermediate Capital Group Stock Down 0.4%

LON ICG opened at GBX 1,797 on Tuesday. The company has a 50-day simple moving average of GBX 2,021.50 and a two-hundred day simple moving average of GBX 2,087.18. Intermediate Capital Group has a 12-month low of GBX 1,539 and a 12-month high of GBX 2,468. The firm has a market cap of £5.22 billion, a price-to-earnings ratio of 8.83 and a beta of 1.97.

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

Intermediate Capital Group Company Profile

ICG (LSE: ICG) is a global alternative asset manager with $127bn* 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.