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

Intermediate Capital Group plc (LON:ICG) has been given an average rating of “Moderate Buy” by the eight research firms that are currently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 12 month price target among brokers that have covered the stock in the last year is GBX 2,508.25.

A number of equities analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 2,800 target price on shares of Intermediate Capital Group in a research note on Wednesday, June 3rd. UBS Group reiterated a “neutral” rating and set a GBX 2,150 price target on shares of Intermediate Capital Group in a research report on Monday, May 18th. Jefferies Financial Group decreased their price objective on shares of 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. Finally, Berenberg Bank restated a “buy” rating and issued a GBX 2,670 price objective on shares of Intermediate Capital Group in a research report on Thursday, July 16th.

Intermediate Capital Group Price Performance

ICG opened at GBX 2,016 on Friday. The company has a fifty day moving average price of GBX 1,865.27 and a 200-day moving average price of GBX 1,768.77. The firm has a market capitalization of £5.84 billion, a P/E ratio of 12.30 and a beta of 1.43. Intermediate Capital Group has a one year low of GBX 1,424.88 and a one year high of GBX 2,340.

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

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.