Intermediate Capital Group plc Stock Rating Upgraded by Numis Securities Ltd (ICP)
Intermediate Capital Group plc (LON:ICP) was upgraded by investment analysts at Numis Securities Ltd to a “hold” rating in a note issued to investors on Thursday. The firm currently has a GBX 375 ($6.29) price objective on the stock, up from their previous price objective of GBX 363 ($6.09). Numis Securities Ltd’s price objective points to a potential downside of 5.73% from the stock’s previous close.
Shares of Intermediate Capital Group plc (LON:ICP) opened at 401.20 on Thursday. Intermediate Capital Group plc has a one year low of GBX 371.20 and a one year high of GBX 500.00. The stock’s 50-day moving average is GBX 163.9 and its 200-day moving average is GBX 248.2. The company’s market cap is £1.544 billion.
A number of other analysts have also recently weighed in on ICP. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Intermediate Capital Group plc in a research note on Tuesday, August 5th. Separately, analysts at Canaccord Genuity reiterated a “buy” rating on shares of Intermediate Capital Group plc in a research note on Wednesday, July 23rd. They now have a GBX 510 ($8.56) price target on the stock. Three research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of GBX 461.33 ($7.74).
Intermediate Capital Group plc is an independent mezzanine provider with investment portfolios in Europe, Asia Pacific and the United States.
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