Intermediate Capital Group plc Receives Average Rating of “Buy” from Brokerages (LON:ICP)
Shares of Intermediate Capital Group plc (LON:ICP) have been given an average recommendation of “Buy” by the ten brokerages that are presently covering the company, American Banking and Market News reports. Three analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is GBX 461.33 ($7.63).
Shares of Intermediate Capital Group plc (LON:ICP) opened at 407.60 on Friday. 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 132.3 and its 200-day moving average is GBX 231.7. The company’s market cap is £1.568 billion.
A number of analysts have recently weighed in on ICP shares. Analysts at Numis Securities Ltd upgraded shares of Intermediate Capital Group plc to a “hold” rating in a research note on Thursday, August 14th. They now have a GBX 375 ($6.21) price target on the stock, up previously from GBX 363 ($6.01). Separately, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Intermediate Capital Group plc in a research note on Tuesday, August 5th. Finally, 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 ($8.44) price target on the stock.
Intermediate Capital Group plc is an independent mezzanine provider with investment portfolios in Europe, Asia Pacific and the United States.
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