Several other analysts have also recently issued reports on ICP. Shore Capital restated a hold rating on shares of Intermediate Capital Group in a report on Thursday, July 25th. Numis Securities restated a buy rating and issued a GBX 1,350 ($17.64) target price on shares of Intermediate Capital Group in a report on Wednesday, May 22nd. JPMorgan Chase & Co. upped their target price on Intermediate Capital Group from GBX 1,450 ($18.95) to GBX 1,530 ($19.99) and gave the company an overweight rating in a report on Thursday, May 23rd. Finally, Jefferies Financial Group restated a buy rating and issued a GBX 1,509 ($19.72) target price on shares of Intermediate Capital Group in a report on Tuesday, May 28th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The company currently has a consensus rating of Buy and an average target price of GBX 1,479.75 ($19.34).
Shares of LON:ICP opened at GBX 1,415 ($18.49) on Monday. The company has a quick ratio of 1.43, a current ratio of 1.68 and a debt-to-equity ratio of 89.18. The business has a fifty day moving average of GBX 1,358.26 and a two-hundred day moving average of GBX 1,250.99. The stock has a market cap of $4.13 billion and a P/E ratio of 22.32. Intermediate Capital Group has a 52-week low of GBX 899 ($11.75) and a 52-week high of GBX 1,436 ($18.76).
In other news, insider Vijay Bharadia sold 4,570 shares of the stock in a transaction on Thursday, August 1st. The stock was sold at an average price of GBX 1,392 ($18.19), for a total transaction of £63,614.40 ($83,123.48).
About Intermediate Capital Group
Intermediate Capital Group plc is a private equity firm specializing in direct and fund of fund investments. Within direct it specializes in private debt, credit and equity investments. It invests in middle market, mature, growth capital, reinvestment, industry consolidations, bridge financing, restructuring of a shareholder base, acquisitions, public to private transactions with or without private equity backing, leveraged and acquisition finance, leveraged credit, partnership equity, management buyouts and management buyins, secondary investments, development capital, public quoted company finance, off-balance-sheet finance, refinancing and recapitalizations, and pre-IPO financing.
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