Intermediate Capital Group (LON:ICG) Earns Buy Rating from Panmure Gordon

Intermediate Capital Group (LON:ICG)‘s stock had its “buy” rating reaffirmed by research analysts at Panmure Gordon in a report issued on Wednesday,Digital Look reports. They currently have a GBX 2,450 target price on the stock. Panmure Gordon’s price objective would indicate a potential upside of 19.28% from the company’s current price.

Several other equities analysts have also recently issued reports on the stock. Royal Bank Of Canada upped their target price on shares of Intermediate Capital Group from GBX 2,400 to GBX 2,470 and gave the company a “buy” rating in a research note on Wednesday, November 5th. JPMorgan Chase & Co. increased 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. Five investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, Intermediate Capital Group currently has a consensus rating of “Buy” and a consensus price target of GBX 2,531.20.

Intermediate Capital Group Stock Performance

Shares of LON:ICG traded up GBX 81 during trading on Wednesday, reaching GBX 2,054. 2,722,576 shares of the stock traded hands, compared to its average volume of 2,449,619. The stock has a market cap of £5.97 billion, a P/E ratio of 13.36 and a beta of 1.97. The stock has a 50-day moving average of GBX 2,098.38 and a two-hundred day moving average of GBX 2,074.78. Intermediate Capital Group has a 52-week low of GBX 1,539 and a 52-week high of GBX 2,468.

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 return on equity of 21.46% and a net margin of 48.22%. Sell-side analysts expect 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 $123bn* 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.