Intermediate Capital Group plc (LON:ICP) shares reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 1,127 ($15.17) and last traded at GBX 1,118 ($15.05), with a volume of 798333 shares. The stock had previously closed at GBX 1,121 ($15.09).

Several research analysts have commented on the stock. Numis Securities raised shares of Intermediate Capital Group to an “add” rating and set a GBX 967 ($13.01) price target for the company in a report on Wednesday, September 20th. J P Morgan Chase & Co reissued an “overweight” rating and issued a GBX 950 ($12.79) price target (up from GBX 881 ($11.86)) on shares of Intermediate Capital Group in a report on Thursday, September 21st. Jefferies Group reissued a “buy” rating and issued a GBX 1,023 ($13.77) price target on shares of Intermediate Capital Group in a report on Thursday, September 28th. Shore Capital reissued a “sell” rating on shares of Intermediate Capital Group in a report on Tuesday, November 14th. Finally, Liberum Capital reissued a “buy” rating and issued a GBX 1,010 ($13.59) price target on shares of Intermediate Capital Group in a report on Tuesday, November 14th. One analyst has rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the stock. Intermediate Capital Group has a consensus rating of “Hold” and an average price target of GBX 987.44 ($13.29).

Intermediate Capital Group (LON:ICP) last released its quarterly earnings results on Tuesday, November 14th. The company reported GBX 28.30 ($0.38) earnings per share for the quarter, beating the Zacks’ consensus estimate of GBX 24.80 ($0.33) by GBX 3.50 ($0.05). Intermediate Capital Group had a return on equity of 19.31% and a net margin of 33.29%. The firm had revenue of £285.10 million during the quarter.

The firm also recently declared a dividend, which will be paid on Friday, January 12th. Investors of record on Thursday, December 7th will be issued a dividend of GBX 9 ($0.12) per share. The ex-dividend date of this dividend is Thursday, December 7th. This represents a yield of 0.86%.

In related news, insider Philip Keller sold 130,000 shares of the firm’s stock in a transaction on Tuesday, November 14th. The stock was sold at an average price of GBX 1,007 ($13.55), for a total transaction of £1,309,100 ($1,761,911.17).

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Intermediate Capital Group Company Profile

Intermediate Capital Group plc is a specialist asset manager. The Company is the fund management company (FMC) and the investment company (IC). Its funds invest across four asset categories, providing finance for corporate investments, including private debt and minority equity; capital market investments of public and private debt; real assets, principally real estate debt, and private equity secondaries funds.

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