Brokerages Set Intermediate Capital Group plc (LON:ICG) Price Target at GBX 2,565.14

Intermediate Capital Group plc (LON:ICG) has been assigned a consensus rating of “Moderate Buy” from the seven analysts that are presently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is GBX 2,565.14.

Several analysts have commented on the stock. Citigroup boosted 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 note on Monday, January 5th. JPMorgan Chase & Co. lifted their target price on Intermediate Capital Group from GBX 2,649 to GBX 2,736 and gave the stock an “overweight” rating in a report on Wednesday, October 15th. UBS Group reiterated 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. Panmure Gordon restated a “buy” rating and set a GBX 2,450 price target on shares of Intermediate Capital Group in a report on Wednesday, November 19th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 2,900 price objective on shares of Intermediate Capital Group in a research note on Thursday, January 22nd.

Intermediate Capital Group Price Performance

ICG stock opened at GBX 1,700 on Tuesday. Intermediate Capital Group has a 1-year low of GBX 1,539 and a 1-year high of GBX 2,468. The business has a 50 day simple moving average of GBX 1,981.27 and a two-hundred day simple moving average of GBX 2,070.35. The company has a market capitalization of £4.94 billion, a price-to-earnings ratio of 8.35 and a beta of 1.97.

Intermediate Capital Group (LON:ICG) last released its quarterly earnings data on Tuesday, November 18th. The company reported GBX 103.70 earnings per share (EPS) for the quarter. Intermediate Capital Group had a net margin of 48.22% and a return on equity of 21.46%. Sell-side analysts anticipate that Intermediate Capital Group will post 166.6666667 EPS for the current fiscal year.

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.