Intermediate Capital Group plc (LON:ICG) Given Average Rating of “Moderate Buy” by Analysts

Intermediate Capital Group plc (LON:ICG) has received a consensus recommendation of “Moderate Buy” from the eight research firms that are presently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 12-month price target among brokerages that have covered the stock in the last year is GBX 2,508.25.

Several research firms have weighed in on ICG. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 2,800 price target on shares of Intermediate Capital Group in a report on Wednesday, June 3rd. Berenberg Bank cut their price target on Intermediate Capital Group from GBX 2,800 to GBX 2,670 and set a “buy” rating for the company in a report on Thursday. UBS Group restated a “neutral” rating and set a GBX 2,150 price target on shares of Intermediate Capital Group in a report on Monday, May 18th. Citigroup cut their price target on Intermediate Capital Group from GBX 2,550 to GBX 2,290 and set a “buy” rating for the company in a report on Tuesday, April 14th. Finally, Jefferies Financial Group dropped their target price on Intermediate Capital Group from GBX 2,900 to GBX 2,500 and set a “buy” rating for the company in a report on Wednesday, May 13th.

Intermediate Capital Group Stock Down 0.9%

Shares of ICG opened at GBX 1,785 on Monday. The business has a 50-day simple moving average of GBX 1,776.55 and a two-hundred day simple moving average of GBX 1,832.13. The stock has a market cap of £5.16 billion, a price-to-earnings ratio of 10.89 and a beta of 1.40. Intermediate Capital Group has a 52 week low of GBX 1,424.88 and a 52 week high of GBX 2,340.

Intermediate Capital Group (LON:ICG) last released its earnings results on Thursday, May 21st. The company reported GBX 166.80 earnings per share (EPS) for the quarter. Intermediate Capital Group had a return on equity of 18.00% and a net margin of 49.28%.The firm had revenue of GBX 103.60 billion during the quarter. On average, equities analysts anticipate that Intermediate Capital Group will post 166.6666667 earnings per share for the current fiscal year.

Insider Activity at Intermediate Capital Group

In other Intermediate Capital Group news, insider David Bicarregui acquired 30,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 24th. The stock was bought at an average price of GBX 1,493 per share, for a total transaction of £447,900. Company insiders own 2.53% of the company’s stock.

Intermediate Capital Group Company Profile

ICG (LSE: ICG) is a global alternative asset manager with $127bn* in AUM and more than three decades of experience generating attractive returns. We operate from over 20 locations globally and invest our clients’ capital across Structured Capital; Private Equity Secondaries; Private Debt; Credit; and Real Assets. Our exceptional people originate differentiated opportunities, invest responsibly, and deliver long-term value. We partner with management teams, founders, and business owners in a creative and solutions-focused approach, supporting them with our expertise and flexible capital.