Intermediate Capital Group plc (ICP) Receives Neutral Rating from Macquarie
Intermediate Capital Group plc (LON:ICP)‘s stock had its “neutral” rating reaffirmed by stock analysts at Macquarie in a research report issued to clients and investors on Thursday, Marketbeat.com reports. They presently have a GBX 780 ($9.94) target price on the stock. Macquarie’s price target would suggest a potential downside of 6.81% from the company’s current price.
Several other equities research analysts also recently weighed in on ICP. Canaccord Genuity reissued a “buy” rating and set a GBX 925 ($11.78) price objective on shares of Intermediate Capital Group plc in a report on Tuesday, June 20th. Shore Capital reaffirmed a “hold” rating on shares of Intermediate Capital Group plc in a report on Thursday, May 25th. Numis Securities Ltd reaffirmed a “hold” rating and set a GBX 655 ($8.35) target price on shares of Intermediate Capital Group plc in a report on Thursday, May 25th. Liberum Capital reaffirmed a “buy” rating on shares of Intermediate Capital Group plc in a report on Thursday, June 1st. Finally, Societe Generale reaffirmed a “buy” rating and set a GBX 850 ($10.83) target price on shares of Intermediate Capital Group plc in a report on Friday, March 24th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and five have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of GBX 783.14 ($9.98).
Intermediate Capital Group plc (LON ICP) traded up 0.36% during midday trading on Thursday, reaching GBX 837.00. The company had a trading volume of 546,592 shares. The company’s market capitalization is GBX 2.32 billion. The stock has a 50-day moving average price of GBX 841.42 and a 200 day moving average price of GBX 745.09. Intermediate Capital Group plc has a 12-month low of GBX 445.30 and a 12-month high of GBX 940.00.
The business also recently announced a dividend, which will be paid on Friday, August 4th. Shareholders of record on Thursday, June 15th will be issued a dividend of GBX 19.50 ($0.25) per share. The ex-dividend date of this dividend is Thursday, June 15th. This is an increase from Intermediate Capital Group plc’s previous dividend of $7.50. This represents a yield of 2.12%.
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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