Intermediate Capital Group (LON:ICG) Given Buy Rating at Jefferies Financial Group

Intermediate Capital Group (LON:ICG)‘s stock had its “buy” rating reissued by stock analysts at Jefferies Financial Group in a research report issued on Thursday, Marketbeat reports. They presently have a GBX 2,900 target price on the stock. Jefferies Financial Group’s price objective would indicate a potential upside of 49.10% from the company’s previous close.

A number of other research analysts have also issued reports on the stock. Royal Bank Of Canada increased their target price on shares of Intermediate Capital Group from GBX 2,400 to GBX 2,470 and gave the stock a “buy” rating in a research report on Wednesday, November 5th. UBS Group restated a “neutral” rating and issued a GBX 2,250 target price on shares of Intermediate Capital Group in a research report on Friday, January 16th. Citigroup increased their price target on shares of Intermediate Capital Group from GBX 2,470 to GBX 2,550 and gave the stock a “buy” rating in a research report on Monday, January 5th. Panmure Gordon reissued a “buy” rating and issued a GBX 2,450 price objective on shares of Intermediate Capital Group in a research note on Wednesday, November 19th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Intermediate Capital Group from GBX 2,649 to GBX 2,736 and gave the company an “overweight” rating in a research report on Wednesday, October 15th. Six investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of GBX 2,565.14.

Intermediate Capital Group Stock Down 2.4%

ICG opened at GBX 1,945 on Thursday. The stock has a market cap of £5.65 billion, a price-to-earnings ratio of 9.55 and a beta of 1.97. Intermediate Capital Group has a 12-month low of GBX 1,539 and a 12-month high of GBX 2,468. The business has a 50 day moving average of GBX 2,040.30 and a 200-day moving average of GBX 2,093.92.

Intermediate Capital Group (LON:ICG) last announced its earnings results on Tuesday, November 18th. The company reported GBX 103.70 EPS for the quarter. Intermediate Capital Group had a net margin of 48.22% and a return on equity of 21.46%. As a group, analysts expect that Intermediate Capital Group will post 166.6666667 earnings per share for the current year.

About Intermediate Capital Group

ICG (LSE: ICG) is a global alternative asset manager with $124bn* 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.