Intermediate Capital Group (LON:ICG) Given Buy Rating at Jefferies Financial Group

Jefferies Financial Group restated their buy rating on shares of Intermediate Capital Group (LON:ICG) in a research report released on Thursday, Marketbeat Ratings reports. They currently have a GBX 2,900 price objective on the stock.

ICG has been the subject of a number of other reports. UBS Group reissued a “neutral” rating and issued a GBX 2,250 price target on shares of Intermediate Capital Group in a report on Friday, January 16th. Royal Bank Of Canada increased their target price on shares of 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. Citigroup boosted 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 note on Monday, January 5th. Panmure Gordon reiterated a “buy” rating and issued a GBX 2,450 price objective on shares of Intermediate Capital Group in a research report on Wednesday, November 19th. Finally, JPMorgan Chase & Co. lifted their price objective 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. Six equities research 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, Intermediate Capital Group currently has a consensus rating of “Moderate Buy” and an average price target of GBX 2,565.14.

Intermediate Capital Group Stock Down 2.6%

ICG opened at GBX 1,940 on Thursday. The stock’s 50 day moving average price is GBX 2,040.40 and its two-hundred day moving average price is GBX 2,092.86. The firm has a market capitalization of £5.64 billion, a P/E ratio of 9.53 and a beta of 1.97. Intermediate Capital Group has a 12-month low of GBX 1,539 and a 12-month high of GBX 2,468.

Intermediate Capital Group (LON:ICG) last posted 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%. As a group, analysts anticipate that Intermediate Capital Group will post 166.6666667 earnings per share for the current 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.