Intermediate Capital Group Rating Reiterated by JPMorgan Chase & Co. (ICP)
Intermediate Capital Group (LON:ICP)‘s stock had its “neutral” rating reaffirmed by JPMorgan Chase & Co. in a research note issued on Tuesday, AmericanBankingNews.com reports. They currently have a GBX 497 ($8.16) price objective on the stock. JPMorgan Chase & Co.’s price target points to a potential upside of 16.56% from the stock’s previous close.
Shares of Intermediate Capital Group (LON:ICP) opened at 428.40 on Tuesday. Intermediate Capital Group has a 52-week low of GBX 350.70 and a 52-week high of GBX 505.50. The stock’s 50-day moving average is GBX 282.3 and its 200-day moving average is GBX 347.7. The company’s market cap is £1.648 billion.
A number of other firms have also recently commented on ICP. Analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Intermediate Capital Group in a research note to investors on Tuesday. They now have a GBX 436 ($7.16) price target on the stock. Separately, analysts at Jefferies Group reiterated a “buy” rating on shares of Intermediate Capital Group in a research note to investors on Tuesday. They now have a GBX 500 ($8.21) price target on the stock. Finally, analysts at Goldman Sachs Group Inc. reiterated a “neutral” rating on shares of Intermediate Capital Group in a research note to investors on Monday, December 9th. They now have a GBX 500 ($8.21) price target on the stock. Six research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of GBX 477.88 ($7.84).
Intermediate Capital Group plc is an independent mezzanine provider with investment portfolios in Europe, Asia Pacific and the United States.
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