Liberum Capital Reiterates Under Review Rating for Intermediate Capital Group plc (ICP)
Intermediate Capital Group plc (LON:ICP)‘s stock had its “under review” rating reaffirmed by equities researchers at Liberum Capital in a report issued on Thursday.
Several other equities research analysts also recently commented on ICP. Shore Capital reiterated a “hold” rating on shares of Intermediate Capital Group plc in a research report on Tuesday, January 31st. Numis Securities Ltd reiterated a “hold” rating and set a GBX 655 ($8.52) target price on shares of Intermediate Capital Group plc in a research report on Tuesday, January 31st. JPMorgan Chase & Co. reiterated an “overweight” rating and set a GBX 830 ($10.80) target price on shares of Intermediate Capital Group plc in a research report on Wednesday, February 1st. Finally, Societe Generale reiterated a “buy” rating and set a GBX 850 ($11.06) target price on shares of Intermediate Capital Group plc in a research report on Friday, March 24th. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock has an average rating of “Hold” and an average price target of GBX 731.71 ($9.52).
Shares of Intermediate Capital Group plc (LON:ICP) traded down 3.04% during trading on Thursday, reaching GBX 892.00. 2,127,034 shares of the company traded hands. The firm’s market capitalization is GBX 2.61 billion. Intermediate Capital Group plc has a 12-month low of GBX 500.96 and a 12-month high of GBX 940.00. The company has a 50 day moving average price of GBX 786.63 and a 200 day moving average price of GBX 718.56.
The company also recently declared a dividend, which will be paid on Friday, August 4th. Stockholders of record on Thursday, June 15th will be given a GBX 19.50 ($0.25) dividend. The ex-dividend date is Thursday, June 15th. This represents a dividend yield of 2.12%. This is an increase from Intermediate Capital Group plc’s previous dividend of $7.50.
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Intermediate Capital Group plc Company Profile
Intermediate Capital Group plc is a specialist asset manager. The Company is the fund management company (FMC) and the investment company (IC). Its funds invest across four asset categories, providing finance for corporate investments, including private debt and minority equity; capital market investments of public and private debt; real assets, principally real estate debt, and private equity secondaries funds.
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