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

Shares of Intermediate Capital Group plc (LON:ICG) have been assigned a consensus rating of “Moderate Buy” from the seven research firms that are covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is GBX 2,565.14.

Several equities research analysts recently weighed in on ICG shares. Jefferies Financial Group reissued a “buy” rating and set a GBX 2,900 price objective on shares of Intermediate Capital Group in a report on Thursday, January 22nd. UBS Group reiterated a “neutral” rating and set a GBX 2,250 price objective on shares of Intermediate Capital Group in a research report on Friday, January 16th. Citigroup lifted their price objective on 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. Panmure Gordon reissued a “buy” rating and issued a GBX 2,450 price objective on shares of Intermediate Capital Group in a research note on Wednesday, November 19th. Finally, Royal Bank Of Canada raised their target price 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 Down 2.3%

ICG opened at GBX 1,679 on Friday. The company has a 50-day simple moving average of GBX 1,884.78 and a 200 day simple moving average of GBX 2,027.69. Intermediate Capital Group has a twelve month low of GBX 1,539 and a twelve month high of GBX 2,360. The stock has a market capitalization of £4.88 billion, a price-to-earnings ratio of 8.25 and a beta of 1.97.

About Intermediate Capital Group

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.