Intermediate Capital Group (LON:ICG) Insider Matthew Lester Buys 504 Shares

Intermediate Capital Group plc (LON:ICG) insider Matthew Lester bought 504 shares of the business’s stock in a transaction that occurred on Tuesday, March 3rd. The stock was purchased at an average price of GBX 1,584 per share, with a total value of £7,983.36.

Intermediate Capital Group Stock Down 0.6%

Shares of LON ICG opened at GBX 1,631.99 on Friday. The business’s 50 day moving average price is GBX 1,851.35 and its two-hundred day moving average price is GBX 2,012.42. The company has a market cap of £4.74 billion, a PE ratio of 8.02 and a beta of 1.43. Intermediate Capital Group plc has a twelve month low of GBX 1,539 and a twelve month high of GBX 2,340.

Wall Street Analyst Weigh In

ICG has been the topic of a number of research analyst reports. Panmure Gordon restated a “buy” rating and issued a GBX 2,450 price target on shares of Intermediate Capital Group in a research note on Wednesday, November 19th. Jefferies Financial Group reissued a “buy” rating and issued a GBX 2,900 price objective on shares of Intermediate Capital Group in a research report on Thursday, January 22nd. Citigroup raised 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 note on Monday, January 5th. Finally, UBS Group reiterated a “neutral” rating and issued a GBX 2,250 price target on shares of Intermediate Capital Group in a research note on Friday, January 16th. Six investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of GBX 2,565.14.

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.