Intermediate Capital Group plc (LON:ICG) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Intermediate Capital Group plc (LON:ICG) have received an average recommendation of “Moderate Buy” from the eight analysts that are presently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a hold rating and seven have issued a buy rating on the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is GBX 2,508.25.

ICG has been the topic of several recent analyst reports. Berenberg Bank reduced their target price on Intermediate Capital Group from GBX 2,800 to GBX 2,670 and set a “buy” rating on the stock in a research report on Thursday. UBS Group reaffirmed a “neutral” rating and set a GBX 2,150 target price on shares of Intermediate Capital Group in a research report on Monday, May 18th. Jefferies Financial Group reduced their target price on Intermediate Capital Group from GBX 2,900 to GBX 2,500 and set a “buy” rating on the stock in a research report on Wednesday, May 13th. Citigroup reduced their target price on Intermediate Capital Group from GBX 2,550 to GBX 2,290 and set a “buy” rating on the stock in a research report on Tuesday, April 14th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 2,800 target price on shares of Intermediate Capital Group in a research report on Wednesday, June 3rd.

Intermediate Capital Group Trading Down 0.9%

Shares of Intermediate Capital Group stock opened at GBX 1,785 on Monday. The firm has a market cap of £5.16 billion, a P/E ratio of 10.89 and a beta of 1.40. Intermediate Capital Group has a 12 month low of GBX 1,424.88 and a 12 month high of GBX 2,340. The stock’s fifty day moving average price is GBX 1,776.55 and its 200-day moving average price is GBX 1,832.13.

Intermediate Capital Group (LON:ICG) last issued its quarterly earnings data on Thursday, May 21st. The company reported GBX 166.80 earnings per share for the quarter. Intermediate Capital Group had a return on equity of 18.00% and a net margin of 49.28%.The company had revenue of GBX 103.60 billion for the quarter. Analysts forecast that Intermediate Capital Group will post 166.6666667 earnings per share for the current year.

Insider Transactions at Intermediate Capital Group

In related news, insider David Bicarregui purchased 30,000 shares of the business’s stock in a transaction on Tuesday, March 24th. The shares were bought at an average cost of GBX 1,493 per share, with a total value of £447,900. 2.53% of the stock is owned by corporate insiders.

Intermediate Capital Group Company Profile

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.