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

Intermediate Capital Group plc (LON:ICG) has earned a consensus recommendation of “Moderate Buy” from the seven research firms that are currently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average twelve-month price target among brokers that have covered the stock in the last year is GBX 2,500.

Several analysts recently commented on the stock. Jefferies Financial Group lowered their price objective on shares of Intermediate Capital Group from GBX 2,800 to GBX 2,700 and set a “buy” rating on the stock in a research report on Monday. Berenberg Bank reiterated a “buy” rating and issued a GBX 2,640 price objective on shares of Intermediate Capital Group in a research note on Friday, September 25th.

Intermediate Capital Group Price Performance

Shares of ICG opened at GBX 1,798 on Friday. The business’s 50-day moving average is GBX 1,913.82 and its 200-day moving average is GBX 1,840.23. The company has a market capitalization of £5.23 billion, a price-to-earnings ratio of 10.97 and a beta of 1.44. Intermediate Capital Group has a fifty-two week low of GBX 1,424.88 and a fifty-two week high of GBX 2,148.

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.