Intermediate Capital Group plc (LON:ICG) Stock Has Average Price Target of GBX 2,505

Intermediate Capital Group plc (LON:ICG) has been assigned a consensus recommendation of “Moderate Buy” from the six brokerages that are presently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 12-month price objective among analysts that have covered the stock in the last year is GBX 2,505.

Several research firms have weighed in on ICG. Jefferies Financial Group dropped their target price on shares of Intermediate Capital Group from GBX 2,800 to GBX 2,700 and set a “buy” rating on the stock in a research report on Monday, October 12th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 2,640 price target on shares of Intermediate Capital Group in a report on Friday, September 25th.

Intermediate Capital Group Stock Up 1.3%

ICG opened at GBX 2,008 on Thursday. The company has a market cap of £5.84 billion, a P/E ratio of 12.25 and a beta of 1.44. The firm’s 50-day moving average price is GBX 1,859.05 and its 200-day moving average price is GBX 1,802.15. Intermediate Capital Group has a 52-week low of GBX 1,424.88 and a 52-week high of GBX 2,148.

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.