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

Intermediate Capital Group plc (LON:ICG) has earned a consensus rating of “Moderate Buy” from the seven analysts that are covering the stock, MarketBeat reports. One research analyst has rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is GBX 2,470.86.

A number of brokerages have weighed in on ICG. Jefferies Financial Group cut their target price on shares of Intermediate Capital Group from GBX 2,900 to GBX 2,500 and set a “buy” rating for the company in a research report on Wednesday. Citigroup cut their target price on shares of 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. Finally, UBS Group reiterated a “neutral” rating and set a GBX 2,250 target price on shares of Intermediate Capital Group in a research report on Friday, January 16th.

Insider Transactions at Intermediate Capital Group

In other news, insider David Bicarregui purchased 30,000 shares of the stock in a transaction dated Tuesday, March 24th. The shares were purchased at an average cost of GBX 1,493 per share, with a total value of £447,900. Also, insider Matthew Lester purchased 504 shares of the stock in a transaction dated Tuesday, March 3rd. The stock was purchased at an average cost of GBX 1,584 per share, for a total transaction of £7,983.36. Corporate insiders own 2.50% of the company’s stock.

Intermediate Capital Group Stock Down 0.1%

Shares of LON:ICG opened at GBX 1,846 on Thursday. The firm has a market capitalization of £5.28 billion, a PE ratio of 9.07 and a beta of 1.40. Intermediate Capital Group has a twelve month low of GBX 1,424.88 and a twelve month high of GBX 2,340. The company has a 50-day moving average price of GBX 1,675.61 and a two-hundred day moving average price of GBX 1,845.08.

About Intermediate Capital Group

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.