Intermediate Capital Group’s (ICG) Buy Rating Reaffirmed at Jefferies Financial Group

Intermediate Capital Group (LON:ICG)‘s stock had its “buy” rating reiterated by research analysts at Jefferies Financial Group in a note issued to investors on Thursday, Digital Look reports. They presently have a GBX 2,700 price target on the stock. Jefferies Financial Group‘s target price would suggest a potential upside of 44.15% from the stock’s current price.

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 2,640 target price on shares of Intermediate Capital Group in a research note on Friday, September 25th. Five equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of GBX 2,505.

Intermediate Capital Group Stock Performance

Shares of Intermediate Capital Group stock traded down GBX 81 on Thursday, reaching GBX 1,873. 3,249,231 shares of the company’s stock were exchanged, compared to its average volume of 7,433,635. The company has a market capitalization of £5.44 billion, a P/E ratio of 11.43 and a beta of 1.45. Intermediate Capital Group has a 52 week low of GBX 1,424.88 and a 52 week high of GBX 2,148. The firm’s 50-day moving average is GBX 1,852.37 and its two-hundred day moving average is GBX 1,800.95.

Intermediate Capital Group (LON:ICG) last released its quarterly earnings data on Wednesday, November 11th. The company reported GBX 82.30 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 company had revenue of £532.10 million during the quarter. On average, analysts expect that Intermediate Capital Group will post 166.67 EPS for the current fiscal year.

About Intermediate Capital Group

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.