Intermediate Capital Group (LON:ICG) Price Target Raised to GBX 2,470

Intermediate Capital Group (LON:ICG) had its target price boosted by Royal Bank Of Canada from GBX 2,400 to GBX 2,470 in a report issued on Wednesday, MarketBeat reports. They currently have a buy rating on the stock.

A number of other equities analysts have also weighed in on the company. Berenberg Bank reiterated a “buy” rating and issued a GBX 2,600 price target on shares of Intermediate Capital Group in a research report on Wednesday, July 16th. JPMorgan Chase & Co. lifted their target price on shares of Intermediate Capital Group from GBX 2,649 to GBX 2,736 and gave the stock an “overweight” rating in a research report on Wednesday, October 15th. Finally, Citigroup upped their price target on shares of Intermediate Capital Group from GBX 2,360 to GBX 2,400 and gave the company a “buy” rating in a research report on Thursday, July 17th. Four equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of GBX 2,551.50.

Intermediate Capital Group Stock Performance

Shares of LON:ICG opened at GBX 1,933 on Wednesday. The company has a market capitalization of £5.62 billion, a PE ratio of 12.57 and a beta of 1.97. The stock has a fifty day moving average of GBX 2,128.72 and a 200-day moving average of GBX 2,067.09. Intermediate Capital Group has a one year low of GBX 1,539 and a one year high of GBX 2,468.

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.