Oriel Securities Ltd Reiterates Buy Rating for Intermediate Capital Group (ICP)
Intermediate Capital Group (LON:ICP)‘s stock had its “buy” rating reaffirmed by research analysts at Oriel Securities Ltd in a report released on Tuesday, American Banking & Market News reports. They currently have a GBX 515 ($8.67) price objective on the stock. Oriel Securities Ltd’s price objective indicates a potential upside of 16.28% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Goldman Sachs reiterated a “neutral” rating on shares of Intermediate Capital Group in a research note on Monday. They now have a GBX 465 ($7.83) price target on the stock. Six equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of GBX 478.11 ($8.05).
Intermediate Capital Group (LON:ICP) traded down 0.29% during mid-day trading on Tuesday, hitting GBX 441.60. The stock had a trading volume of 128,815 shares. Intermediate Capital Group has a one year low of GBX 406.10 and a one year high of GBX 505.50. The stock has a 50-day moving average of GBX 355.8 and a 200-day moving average of GBX 373.8. The company’s market cap is £1.699 billion.
Intermediate Capital Group plc is an independent mezzanine provider with investment portfolios in Europe, Asia Pacific and the United States.
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