Analysts Set Intermediate Capital Group plc (LON:ICG) PT at GBX 2,565.14

Intermediate Capital Group plc (LON:ICG) has received a consensus rating of “Moderate Buy” from the seven research firms that are currently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a hold rating and six have issued a buy rating on the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is GBX 2,565.14.

A number of equities research analysts recently weighed in on ICG shares. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 2,900 price objective on shares of Intermediate Capital Group in a research report on Thursday, January 22nd. Citigroup increased their price target on shares of Intermediate Capital Group from GBX 2,470 to GBX 2,550 and gave the company a “buy” rating in a research report on Monday, January 5th. Finally, UBS Group restated a “neutral” rating and issued a GBX 2,250 price target on shares of Intermediate Capital Group in a report on Friday, January 16th.

Insider Buying and Selling

In other news, insider Matthew Lester purchased 504 shares of the business’s 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. Also, insider David Bicarregui purchased 30,000 shares of Intermediate Capital Group stock in a transaction dated Tuesday, March 24th. The shares were acquired at an average cost of GBX 1,493 per share, for a total transaction of £447,900. Corporate insiders own 2.50% of the company’s stock.

Intermediate Capital Group Trading Down 1.2%

ICG opened at GBX 1,501 on Wednesday. The firm has a market cap of £4.36 billion, a price-to-earnings ratio of 7.37 and a beta of 1.43. Intermediate Capital Group has a 12 month low of GBX 1,424.88 and a 12 month high of GBX 2,340. The stock has a fifty day moving average price of GBX 1,682.43 and a 200-day moving average price of GBX 1,940.86.

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.