Intermediate Capital Group plc (LON:ICP) shares reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 1,037 ($13.64) and last traded at GBX 1,006 ($13.23), with a volume of 1765487 shares. The stock had previously closed at GBX 929.50 ($12.23).
A number of analysts have issued reports on the company. Liberum Capital reaffirmed a “buy” rating and set a GBX 1,010 ($13.28) price target on shares of Intermediate Capital Group plc in a report on Tuesday. Shore Capital reaffirmed a “sell” rating on shares of Intermediate Capital Group plc in a report on Tuesday. Numis Securities Ltd reaffirmed an “add” rating and set a GBX 967 ($12.72) price target on shares of Intermediate Capital Group plc in a report on Tuesday. Jefferies Group LLC reaffirmed a “buy” rating and set a GBX 1,023 ($13.46) price target on shares of Intermediate Capital Group plc in a report on Thursday, September 28th. Finally, J P Morgan Chase & Co reaffirmed an “overweight” rating and set a GBX 950 ($12.50) price target (up from GBX 881 ($11.59)) on shares of Intermediate Capital Group plc in a report on Thursday, September 21st. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and five have assigned a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of GBX 906.88 ($11.93).
In other news, insider Peter J. Gibbs bought 30,000 shares of Intermediate Capital Group plc stock in a transaction dated Friday, September 15th. The stock was acquired at an average cost of GBX 842 ($11.07) per share, with a total value of £252,600 ($332,237.27). Also, insider Kevin A. H. Parry bought 5,078 shares of Intermediate Capital Group plc stock in a transaction dated Thursday, August 17th. The stock was purchased at an average cost of GBX 903 ($11.88) per share, with a total value of £45,854.34 ($60,310.85). Insiders bought a total of 55,606 shares of company stock valued at $48,443,802 over the last three months.
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Intermediate Capital Group plc Company Profile
Intermediate Capital Group plc is a specialist asset manager. The Company is the fund management company (FMC) and the investment company (IC). Its funds invest across four asset categories, providing finance for corporate investments, including private debt and minority equity; capital market investments of public and private debt; real assets, principally real estate debt, and private equity secondaries funds.
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