Intermediate Capital Group plc (LON:ICG) Receives GBX 2,508.25 Consensus Target Price from Analysts

Intermediate Capital Group plc (LON:ICG) has been assigned an average rating of “Moderate Buy” from the eight ratings firms that are covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a hold rating and seven have issued a buy rating on the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is GBX 2,508.25.

Several analysts have issued reports on ICG shares. Citigroup dropped their target price on Intermediate Capital Group from GBX 2,550 to GBX 2,290 and set a “buy” rating for the company in a report on Tuesday, April 14th. UBS Group reissued a “neutral” rating and issued a GBX 2,150 price target on shares of Intermediate Capital Group in a research note on Monday, May 18th. Jefferies Financial Group decreased their price objective on Intermediate Capital Group from GBX 2,900 to GBX 2,500 and set a “buy” rating on the stock in a report on Wednesday, May 13th. Berenberg Bank decreased their price target on Intermediate Capital Group from GBX 2,800 to GBX 2,670 and set a “buy” rating on the stock in a research note on Thursday, June 4th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 2,800 price objective on shares of Intermediate Capital Group in a research report on Wednesday, June 3rd.

Intermediate Capital Group Stock Down 1.9%

Shares of LON ICG opened at GBX 1,732 on Friday. The firm has a market cap of £5.02 billion, a price-to-earnings ratio of 10.57 and a beta of 1.41. The company’s 50-day simple moving average is GBX 1,803.95 and its 200-day simple moving average is GBX 1,785.78. Intermediate Capital Group has a 52-week low of GBX 1,424.88 and a 52-week high of GBX 2,340.

Intermediate Capital Group (LON:ICG) last issued its quarterly earnings results on Thursday, May 21st. The company reported GBX 166.80 earnings per share for the quarter. Intermediate Capital Group had a net margin of 49.28% and a return on equity of 18.00%. The firm had revenue of GBX 103.60 billion for the quarter. Equities research analysts anticipate that Intermediate Capital Group will post 166.6666667 EPS for the current fiscal year.

Intermediate Capital Group Company Profile

ICG (LSE: ICG) is a global alternative asset manager with $126bn* 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.