Intermediate Capital Group plc (LON:ICG) Receives GBX 2,508.25 Average Price Target from Analysts

Shares of Intermediate Capital Group plc (LON:ICG) have been given a consensus recommendation of “Moderate Buy” by the eight brokerages that are presently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average twelve-month price target among brokerages that have covered the stock in the last year is GBX 2,508.25.

A number of research analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 2,800 price objective on shares of Intermediate Capital Group in a research note on Wednesday, June 3rd. UBS Group reiterated a “neutral” rating and issued a GBX 2,150 target price on shares of Intermediate Capital Group in a research report on Monday, May 18th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 2,670 price target on shares of Intermediate Capital Group in a research note on Thursday, July 16th. Finally, Jefferies Financial Group lowered their price objective on Intermediate Capital Group from GBX 2,900 to GBX 2,500 and set a “buy” rating for the company in a research note on Wednesday, May 13th.

Intermediate Capital Group Price Performance

Shares of Intermediate Capital Group stock opened at GBX 2,022 on Friday. The stock has a market capitalization of £5.86 billion, a PE ratio of 12.34 and a beta of 1.43. The company’s fifty day simple moving average is GBX 1,889.07 and its 200-day simple moving average is GBX 1,780.41. Intermediate Capital Group has a 1-year low of GBX 1,424.88 and a 1-year high of GBX 2,340.

About Intermediate Capital Group

ICG (LSE: ICG) is a global alternative asset manager with $126bn* 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.