Intermediate Capital Group plc (LON:ICP) has been assigned a consensus recommendation of “Buy” from the eight research firms that are covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and five have given a buy recommendation to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is GBX 892.14 ($12.00).

Several equities research analysts have recently commented on the stock. Jefferies Group LLC restated a “buy” rating on shares of Intermediate Capital Group plc in a report on Tuesday, July 11th. Numis Securities Ltd restated a “hold” rating and set a GBX 967 ($13.00) price objective on shares of Intermediate Capital Group plc in a report on Tuesday, July 25th. JPMorgan Chase & Co. restated an “overweight” rating and set a GBX 950 ($12.78) price objective (up previously from GBX 881 ($11.85)) on shares of Intermediate Capital Group plc in a report on Thursday, September 21st. Shore Capital cut shares of Intermediate Capital Group plc to a “sell” rating and boosted their price objective for the company from GBX 665 ($8.94) to GBX 750 ($10.09) in a report on Wednesday, June 7th. Finally, Canaccord Genuity restated a “buy” rating and set a GBX 925 ($12.44) price objective on shares of Intermediate Capital Group plc in a report on Tuesday, June 20th.

In related news, insider Peter J. Gibbs purchased 30,000 shares of the business’s stock in a transaction on Friday, September 15th. The shares were purchased at an average price of GBX 842 ($11.32) per share, with a total value of £252,600 ($339,698.76). Also, insider Michael (Rusty) Nelligan purchased 20,528 shares of the business’s stock in a transaction on Wednesday, August 16th. The stock was bought at an average cost of GBX 906 ($12.18) per share, for a total transaction of £185,983.68 ($250,112.53). In the last 90 days, insiders have purchased 55,606 shares of company stock valued at $48,443,802.

Shares of Intermediate Capital Group plc (LON ICP) opened at 936.00 on Friday. The stock’s market cap is GBX 2.63 billion. The company has a 50 day moving average of GBX 884.99 and a 200 day moving average of GBX 826.96. Intermediate Capital Group plc has a 12 month low of GBX 565.50 and a 12 month high of GBX 945.00.

ILLEGAL ACTIVITY NOTICE: “Intermediate Capital Group plc (ICP) Receives Consensus Rating of “Buy” from Analysts” was published by American Banking News and is the property of of American Banking News. If you are reading this piece of content on another site, it was illegally stolen and republished in violation of U.S. & international copyright laws. The legal version of this piece of content can be viewed at https://www.americanbankingnews.com/2017/10/01/intermediate-capital-group-plc-icp-receives-consensus-rating-of-buy-from-analysts.html.

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.

Analyst Recommendations for Intermediate Capital Group plc (LON:ICP)

Receive News & Ratings for Intermediate Capital Group plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intermediate Capital Group plc and related companies with MarketBeat.com's FREE daily email newsletter.