Intermediate Capital Group plc Now Covered by Analysts at Liberum Capital (ICP)
Equities researchers at Liberum Capital assumed coverage on shares of Intermediate Capital Group plc (LON:ICP) in a research report issued on Thursday. The firm set a “hold” rating and a GBX 424 ($7.11) price target on the stock. Liberum Capital’s price target indicates a potential upside of 1.87% from the stock’s previous close.
Intermediate Capital Group plc (LON:ICP) traded down 0.43% on Thursday, hitting GBX 416.2127. 1,067,334 shares of the company’s stock traded hands. Intermediate Capital Group plc has a 1-year low of GBX 394.00 and a 1-year high of GBX 500.00. The stock has a 50-day moving average of GBX 270.3 and a 200-day moving average of GBX 276.3. The company’s market cap is £1.602 billion.
The company also recently announced a dividend, which is scheduled for Monday, July 28th. Investors of record on Wednesday, June 11th will be paid a dividend of GBX 14.40 ($0.24) per share. This represents a dividend yield of 3.48%. The ex-dividend date is Wednesday, June 11th.
A number of other firms have also recently commented on ICP. Analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Intermediate Capital Group plc in a research note on Wednesday, May 21st. They now have a GBX 497 ($8.33) price target on the stock. Separately, analysts at Canaccord Genuity raised their price target on shares of Intermediate Capital Group plc from GBX 400 ($6.71) to GBX 510 ($8.55) in a research note on Tuesday, May 20th. They now have a “buy” rating on the stock. Finally, analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Intermediate Capital Group plc in a research note on Tuesday, May 20th. They now have a GBX 363 ($6.09) price target on the stock, down previously from GBX 475 ($7.96). Six analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of GBX 474.80 ($7.96).
Intermediate Capital Group plc is an independent mezzanine provider with investment portfolios in Europe, Asia Pacific and the United States.
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