Brokerages Set Intermediate Capital Group plc (LON:ICG) PT at GBX 2,470.86

Shares of Intermediate Capital Group plc (LON:ICG) have been given an average rating of “Moderate Buy” by the seven analysts that are presently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is GBX 2,456.57.

A number of research firms recently commented on ICG. Jefferies Financial Group lowered their target price on shares of Intermediate Capital Group from GBX 2,900 to GBX 2,500 and set a “buy” rating for the company in a research note on Wednesday, May 13th. UBS Group reiterated a “neutral” rating and issued a GBX 2,150 target price on shares of Intermediate Capital Group in a research note on Monday. Finally, Citigroup lowered their target price on shares of Intermediate Capital Group from GBX 2,550 to GBX 2,290 and set a “buy” rating for the company in a research note on Tuesday, April 14th.

Insider Buying and Selling

In other Intermediate Capital Group news, insider David Bicarregui purchased 30,000 shares of Intermediate Capital Group stock in a transaction on Tuesday, March 24th. The stock was bought at an average cost of GBX 1,493 per share, with a total value of £447,900. Also, insider Matthew Lester purchased 504 shares of Intermediate Capital Group stock in a transaction on Tuesday, March 3rd. The shares were acquired at an average cost of GBX 1,584 per share, with a total value of £7,983.36. 2.50% of the stock is owned by company insiders.

Intermediate Capital Group Stock Up 3.6%

Shares of Intermediate Capital Group stock opened at GBX 1,899 on Thursday. The company has a 50 day moving average price of GBX 1,697.99 and a 200 day moving average price of GBX 1,839.89. The firm has a market capitalization of £5.43 billion, a P/E ratio of 9.33 and a beta of 1.40. Intermediate Capital Group has a 52 week low of GBX 1,424.88 and a 52 week high of GBX 2,340.

Intermediate Capital Group (LON:ICG) last released its earnings results on Thursday, May 21st. The company reported GBX 166.80 EPS for the quarter. The company had revenue of GBX 103.60 billion during the quarter. Intermediate Capital Group had a net margin of 53.05% and a return on equity of 23.35%. As a group, research analysts anticipate that Intermediate Capital Group will post 166.6666667 earnings per share for the current fiscal year.

Intermediate Capital Group Company Profile

ICG (LSE: ICG) is a global alternative asset manager with $127bn* 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.