Intermediate Capital Group plc (ICP) Given Average Rating of “Hold” by Brokerages

Shares of Intermediate Capital Group plc (LON:ICP) have been assigned an average rating of “Hold” from the nine brokerages that are covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is GBX 1,065.88 ($14.45).

A number of equities analysts recently weighed in on ICP shares. Numis Securities raised shares of Intermediate Capital Group to an “add” rating and set a GBX 967 ($13.11) target price for the company in a research note on Wednesday, September 20th. reaffirmed an “add” rating and issued a GBX 967 ($13.11) target price on shares of Intermediate Capital Group in a research note on Tuesday, November 14th. Liberum Capital reaffirmed a “buy” rating and issued a GBX 1,010 ($13.70) target price on shares of Intermediate Capital Group in a research note on Tuesday, November 14th. Canaccord Genuity upped their target price on shares of Intermediate Capital Group from GBX 1,000 ($13.56) to GBX 1,150 ($15.60) and gave the stock a “buy” rating in a research note on Monday, November 20th. Finally, Jefferies Group upped their target price on shares of Intermediate Capital Group from GBX 1,023 ($13.87) to GBX 1,203 ($16.31) and gave the stock a “buy” rating in a research note on Monday, November 20th.

Intermediate Capital Group (ICP) opened at GBX 1,174 ($15.92) on Tuesday. The stock has a market cap of $3,390.00 and a price-to-earnings ratio of 1,677.14. Intermediate Capital Group has a fifty-two week low of GBX 680 ($9.22) and a fifty-two week high of GBX 1,204 ($16.33).

Intermediate Capital Group (LON:ICP) last announced its earnings results on Tuesday, November 14th. The company reported GBX 28.30 ($0.38) earnings per share for the quarter, topping the Zacks’ consensus estimate of GBX 24.80 ($0.34) by GBX 3.50 ($0.05). The firm had revenue of £285.10 million during the quarter. Intermediate Capital Group had a net margin of 32.73% and a return on equity of 15.76%.

The firm also recently disclosed a dividend, which will be paid on Friday, January 12th. Stockholders of record on Thursday, December 7th will be paid a dividend of GBX 9 ($0.12) per share. The ex-dividend date of this dividend is Thursday, December 7th. This represents a dividend yield of 0.86%.

In other news, insider Philip Keller sold 130,000 shares of the stock in a transaction dated Tuesday, November 14th. The shares were sold at an average price of GBX 1,007 ($13.66), for a total transaction of £1,309,100 ($1,775,291.56).

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About Intermediate Capital Group

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 (LON:ICP)

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