Jefferies Group Reiterates “Buy” Rating for Intermediate Capital Group (ICP)
Intermediate Capital Group (LON:ICP)‘s stock had its “buy” rating reiterated by stock analysts at Jefferies Group in a report issued on Tuesday, American Banking and Market News reports. They currently have a GBX 500 ($8.21) target price on the stock. Jefferies Group’s price target suggests a potential upside of 16.90% from the stock’s previous close.
A number of other firms have also recently commented on ICP. 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. Separately, analysts at HSBC reiterated a “neutral” rating on shares of Intermediate Capital Group in a research note to investors on Tuesday, November 26th. They now have a GBX 435 ($7.14) price target on the stock. Finally, analysts at Societe Generale reiterated a “buy” rating on shares of Intermediate Capital Group in a research note to investors on Thursday, November 21st. They now have a GBX 500 ($8.21) price target on the stock. Six analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of GBX 477.88 ($7.84).
Intermediate Capital Group (LON:ICP) traded up 0.30% during mid-day trading on Tuesday, hitting GBX 427.70. The stock had a trading volume of 535,544 shares. 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 286.2 and its 200-day moving average is GBX 347.5. The company’s market cap is £1.646 billion.
Intermediate Capital Group plc is an independent mezzanine provider with investment portfolios in Europe, Asia Pacific and the United States.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.