Intermediate Capital Group plc (LON:ICG) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Intermediate Capital Group plc (LON:ICG) have been assigned a consensus rating of “Moderate Buy” from the eight ratings firms that are presently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a hold rating and seven have given a buy rating to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is GBX 2,508.25.

ICG has been the subject of a number of research reports. Jefferies Financial Group dropped their price target on Intermediate Capital Group from GBX 2,900 to GBX 2,500 and set a “buy” rating for the company in a research note on Wednesday, May 13th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 2,800 target price on shares of Intermediate Capital Group in a report on Wednesday, June 3rd. Citigroup dropped their target price on Intermediate Capital Group from GBX 2,550 to GBX 2,290 and set a “buy” rating for the company in a research report on Tuesday, April 14th. UBS Group reissued a “neutral” rating and set a GBX 2,150 price target on shares of Intermediate Capital Group in a research note on Monday, May 18th. Finally, Berenberg Bank reduced their price target on Intermediate Capital Group from GBX 2,800 to GBX 2,670 and set a “buy” rating on the stock in a report on Thursday, June 4th.

Intermediate Capital Group Trading Up 1.0%

Shares of Intermediate Capital Group stock opened at GBX 1,756 on Friday. The firm’s 50 day moving average is GBX 1,807.61 and its 200 day moving average is GBX 1,791.51. The firm has a market capitalization of £5.08 billion, a PE ratio of 10.71 and a beta of 1.41. Intermediate Capital Group has a 1 year low of GBX 1,424.88 and a 1 year high of GBX 2,340.

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

Intermediate Capital Group Company Profile

ICG (LSE: ICG) is a global alternative asset manager with $126bn* 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.