Intermediate Capital Group’s (ICG) Buy Rating Reiterated at Jefferies Financial Group

Intermediate Capital Group (LON:ICG)‘s stock had its “buy” rating reaffirmed by stock analysts at Jefferies Financial Group in a research report issued to clients and investors on Friday,Digital Look reports. They currently have a GBX 2,900 price target on the stock. Jefferies Financial Group’s target price indicates a potential upside of 38.62% from the stock’s current price.

A number of other analysts have also recently commented on the stock. Citigroup boosted their target price on shares of Intermediate Capital Group from GBX 2,470 to GBX 2,550 and gave the company a “buy” rating in a report on Monday. Royal Bank Of Canada raised their target price on shares of Intermediate Capital Group from GBX 2,400 to GBX 2,470 and gave the company a “buy” rating in a research note on Wednesday, November 5th. JPMorgan Chase & Co. upped their price target on Intermediate Capital Group from GBX 2,649 to GBX 2,736 and gave the stock an “overweight” rating in a research note on Wednesday, October 15th. Finally, Panmure Gordon reaffirmed a “buy” rating and set a GBX 2,450 price objective on shares of Intermediate Capital Group in a research report on Wednesday, November 19th. Six equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the company presently has an average rating of “Buy” and an average price target of GBX 2,617.67.

Intermediate Capital Group Price Performance

ICG stock traded up GBX 24 during trading on Friday, reaching GBX 2,092. The company had a trading volume of 247,947 shares, compared to its average volume of 3,646,546. Intermediate Capital Group has a 52 week low of GBX 1,539 and a 52 week high of GBX 2,468. The business has a 50 day moving average of GBX 2,027.33 and a 200 day moving average of GBX 2,088.32. The company has a market cap of £6.08 billion, a P/E ratio of 10.28 and a beta of 1.97.

Intermediate Capital Group (LON:ICG) last posted its earnings results on Tuesday, November 18th. The company reported GBX 103.70 earnings per share for the quarter. Intermediate Capital Group had a return on equity of 21.46% and a net margin of 48.22%. Research 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 $124bn* 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.