Intermediate Capital Group (LON:ICP) PT Raised to GBX 1,790

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Intermediate Capital Group (LON:ICP) had its price target increased by Jefferies Financial Group from GBX 1,600 ($20.91) to GBX 1,790 ($23.39) in a note issued to investors on Tuesday, ThisIsMoney.Co.Uk reports. The brokerage presently has a “buy” rating on the stock. Jefferies Financial Group’s price objective suggests a potential upside of 16.08% from the stock’s current price.

ICP has been the topic of a number of other research reports. Canaccord Genuity increased their price target on Intermediate Capital Group from GBX 1,329 ($17.37) to GBX 1,650 ($21.56) and gave the stock a “buy” rating in a research note on Friday, September 20th. Barclays increased their target price on Intermediate Capital Group from GBX 1,530 ($19.99) to GBX 1,580 ($20.65) and gave the stock an “overweight” rating in a research report on Wednesday, November 20th. Shore Capital reaffirmed a “hold” rating on shares of Intermediate Capital Group in a research report on Tuesday, November 19th. Finally, JPMorgan Chase & Co. increased their target price on Intermediate Capital Group from GBX 1,635 ($21.36) to GBX 1,720 ($22.47) and gave the stock an “overweight” rating in a research report on Thursday, November 21st. One analyst has rated the stock with a hold rating and five have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of GBX 1,618 ($21.14).

Shares of Intermediate Capital Group stock opened at GBX 1,542 ($20.15) on Tuesday. Intermediate Capital Group has a fifty-two week low of GBX 911 ($11.90) and a fifty-two week high of GBX 1,614 ($21.09). The firm has a market cap of $4.48 billion and a PE ratio of 21.84. The business’s fifty day moving average is GBX 1,468.86 and its two-hundred day moving average is GBX 1,381.89. The company has a quick ratio of 0.79, a current ratio of 1.11 and a debt-to-equity ratio of 90.87.

In other news, insider Michael (Rusty) Nelligan bought 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 17th. The shares were acquired at an average cost of GBX 1,415 ($18.49) per share, with a total value of £141,500 ($184,894.81).

About Intermediate Capital Group

Intermediate Capital Group plc is a private equity firm specializing in direct and fund of fund investments. Within direct it specializes in private debt, credit and equity investments. It invests in middle market, mature, growth capital, reinvestment, industry consolidations, bridge financing, restructuring of a shareholder base, acquisitions, public to private transactions with or without private equity backing, leveraged and acquisition finance, leveraged credit, partnership equity, management buyouts and management buyins, secondary investments, development capital, public quoted company finance, off-balance-sheet finance, refinancing and recapitalizations, and pre-IPO financing.

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Analyst Recommendations for Intermediate Capital Group (LON:ICP)

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