Intermediate Capital Group (LON:ICP)‘s stock had its “add” rating reaffirmed by Numis Securities in a research note issued on Wednesday. They currently have a GBX 1,222 ($17.13) price target on the stock. Numis Securities’ price objective suggests a potential upside of 11.29% from the stock’s previous close.
ICP has been the subject of several other reports. JPMorgan Chase & Co. increased their price target on Intermediate Capital Group from GBX 1,210 ($16.97) to GBX 1,350 ($18.93) and gave the company an “overweight” rating in a research report on Friday, February 2nd. Liberum Capital reissued a “buy” rating and set a GBX 1,010 ($14.16) price target on shares of Intermediate Capital Group in a research report on Thursday, February 1st. Shore Capital reissued a “sell” rating on shares of Intermediate Capital Group in a research report on Thursday, February 1st. Macquarie increased their price target on Intermediate Capital Group from GBX 780 ($10.94) to GBX 1,170 ($16.40) and gave the company a “neutral” rating in a research report on Wednesday, January 3rd. Finally, Canaccord Genuity increased their price target on Intermediate Capital Group from GBX 1,000 ($14.02) to GBX 1,150 ($16.12) and gave the company a “buy” rating in a research report on Monday, November 20th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and five have issued a buy rating to the company’s stock. Intermediate Capital Group presently has an average rating of “Hold” and a consensus target price of GBX 1,074.67 ($15.07).
Intermediate Capital Group (LON ICP) opened at GBX 1,098 ($15.40) on Wednesday. The firm has a market capitalization of $3,190.00 and a PE ratio of 1,568.57. Intermediate Capital Group has a 52-week low of GBX 690 ($9.67) and a 52-week high of GBX 1,204 ($16.88).
In other news, insider Philip Keller sold 130,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 14th. The stock was sold at an average price of GBX 1,007 ($14.12), for a total value of £1,309,100 ($1,835,530.01). Also, insider Michael (Rusty) Nelligan acquired 5,000 shares of the business’s stock in a transaction dated Monday, February 5th. The stock was acquired at an average cost of GBX 1,094 ($15.34) per share, with a total value of £54,700 ($76,696.58).
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.
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