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

Shares of Intermediate Capital Group plc (LON:ICG) have been given a consensus rating of “Moderate Buy” by the eight research firms that are covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is GBX 2,508.25.

ICG has been the subject of a number of analyst reports. Jefferies Financial Group reduced their price objective on Intermediate Capital Group from GBX 2,900 to GBX 2,500 and set a “buy” rating for the company in a research report on Wednesday, May 13th. UBS Group restated a “neutral” rating and set a GBX 2,150 price target on shares of Intermediate Capital Group in a research report on Monday, May 18th. Berenberg Bank reiterated a “buy” rating and issued a GBX 2,670 price objective on shares of Intermediate Capital Group in a research report on Thursday, July 16th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 2,800 price target on shares of Intermediate Capital Group in a research note on Wednesday, June 3rd. Finally, Citigroup reduced their price objective on Intermediate Capital Group from GBX 2,550 to GBX 2,290 and set a “buy” rating for the company in a research report on Tuesday, April 14th.

Intermediate Capital Group Stock Down 0.2%

Shares of LON ICG opened at GBX 1,934 on Tuesday. The firm’s 50-day moving average price is GBX 1,800.48 and its two-hundred day moving average price is GBX 1,763.93. Intermediate Capital Group has a 52-week low of GBX 1,424.88 and a 52-week high of GBX 2,340. The stock has a market capitalization of £5.60 billion, a P/E ratio of 11.80 and a beta of 1.42.

Intermediate Capital Group (LON:ICG) last posted its earnings results on Thursday, May 21st. The company reported GBX 166.80 EPS for the quarter. The company had revenue of GBX 103.60 billion during the quarter. Intermediate Capital Group had a return on equity of 18.00% and a net margin of 49.28%. As a group, equities research analysts expect 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 $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.