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

Shares of Intermediate Capital Group plc (LON:ICG) have been given a consensus recommendation of “Moderate Buy” by the eight ratings firms that are presently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 1 year target price among analysts that have covered the stock in the last year is GBX 2,508.25.

Several equities research analysts have issued reports on the stock. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 2,800 price objective on shares of Intermediate Capital Group in a research note on Wednesday, June 3rd. Berenberg Bank reissued a “buy” rating and issued a GBX 2,670 target price on shares of Intermediate Capital Group in a research note on Thursday, July 16th.

Intermediate Capital Group Stock Performance

LON ICG opened at GBX 1,854 on Wednesday. Intermediate Capital Group has a one year low of GBX 1,424.88 and a one year high of GBX 2,340. The company’s 50 day moving average price is GBX 1,939.63 and its 200 day moving average price is GBX 1,800.22. The firm has a market capitalization of £5.37 billion, a price-to-earnings ratio of 11.31 and a beta of 1.44.

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.