Intermediate Capital Group plc’s Buy Rating Reaffirmed at Oriel Securities Ltd (ICP)
Intermediate Capital Group plc (LON:ICP)‘s stock had its “buy” rating restated by equities research analysts at Oriel Securities Ltd in a research note issued to investors on Thursday. They currently have a GBX 480 ($8.17) target price on the stock. Oriel Securities Ltd’s price objective would indicate a potential upside of 23.74% from the stock’s previous close.
A number of other analysts have also recently weighed in on ICP. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of Intermediate Capital Group plc in a research note on Tuesday, June 10th. They now have a GBX 510 ($8.68) 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 ($7.79) 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 ($7.22) price target on the stock. Five research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The stock has an average rating of “Buy” and an average target price of GBX 463.20 ($7.88).
Intermediate Capital Group plc (LON:ICP) traded up 1.08% during mid-day trading on Thursday, hitting GBX 392.10. The stock had a trading volume of 300,923 shares. Intermediate Capital Group plc has a 52-week low of GBX 386.30 and a 52-week high of GBX 500.00. The stock has a 50-day moving average of GBX 251.0 and a 200-day moving average of GBX 277.0. The company’s market cap is £1.509 billion.
The company also recently announced a dividend, which is scheduled for Monday, July 28th. Stockholders of record on Wednesday, June 11th will be paid a dividend of GBX 14.40 ($0.25) per share. This represents a dividend yield of 3.48%. The ex-dividend date is Wednesday, June 11th.
Intermediate Capital Group plc is an independent mezzanine provider with investment portfolios in Europe, Asia Pacific and the United States.
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