Share on StockTwits

Research analysts at Oriel Securities Ltd dropped their price objective on shares of Intermediate Capital Group plc (LON:ICP) from GBX 515 ($8.66) to GBX 480 ($8.07) in a report released on Thursday. The firm currently has a “buy” rating on the stock. Oriel Securities Ltd’s target price would indicate a potential upside of 20.69% from the stock’s previous close.

Shares of Intermediate Capital Group plc (LON:ICP) traded up 1.91% on Thursday, hitting GBX 405.30. 591,798 shares of the company’s stock traded hands. Intermediate Capital Group plc has a 52 week low of GBX 394.00 and a 52 week high of GBX 500.00. The stock’s 50-day moving average is GBX 268.3 and its 200-day moving average is GBX 280.6. The company’s market cap is £1.560 billion.

The company also recently declared a dividend, which is scheduled for Monday, July 28th. Investors of record on Wednesday, June 11th will be given a dividend of GBX 14.40 ($0.24) per share. This represents a yield of 3.48%. The ex-dividend date of this dividend is Wednesday, June 11th.

Several other analysts have also recently commented on the stock. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of Intermediate Capital Group plc in a research note on Tuesday. They now have a GBX 510 ($8.57) price target on the stock. Separately, analysts at Macquarie reiterated an “outperform” rating on shares of Intermediate Capital Group plc in a research note on Friday, June 6th. They now have a GBX 458 ($7.70) price target on the stock. Finally, analysts at Liberum Capital initiated coverage on shares of Intermediate Capital Group plc in a research note on Thursday, June 5th. They set a “hold” rating and a GBX 424 ($7.13) price target on the stock. Six investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of GBX 463.20 ($7.79).

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.