Intermediate Capital Group plc (LON:ICG) Stock Has Average Target Price of GBX 2,504.50 According to Analysts

Shares of Intermediate Capital Group plc (LON:ICG) have been assigned a consensus recommendation of “Moderate Buy” from the eight research firms that are presently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is GBX 2,529.50.

A number of equities analysts have issued reports on the company. Berenberg Bank reiterated a “buy” rating and issued a GBX 2,640 price objective on shares of Intermediate Capital Group in a report on Friday, September 25th. Jefferies Financial Group lowered their price objective on Intermediate Capital Group from GBX 2,800 to GBX 2,700 and set a “buy” rating for the company in a research report on Monday.

Intermediate Capital Group Stock Down 0.4%

LON ICG opened at GBX 1,791 on Friday. Intermediate Capital Group has a twelve month low of GBX 1,424.88 and a twelve month high of GBX 2,148. The firm has a market capitalization of £5.21 billion, a PE ratio of 10.93 and a beta of 1.44. The stock’s 50 day moving average is GBX 1,924.48 and its 200 day moving average is GBX 1,836.57.

Intermediate Capital Group Company Profile

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.