Intermediate Capital Group (LON:ICG) Given New GBX 2,700 Price Target at Jefferies Financial Group

Intermediate Capital Group (LON:ICG) had its price target reduced by Jefferies Financial Group from GBX 2,800 to GBX 2,700 in a research note published on Monday,Digital Look reports. Jefferies Financial Group currently has a buy rating on the stock.

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 2,640 target price on shares of Intermediate Capital Group in a research report on Friday, September 25th. Seven analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, Intermediate Capital Group currently has an average rating of “Moderate Buy” and a consensus price target of GBX 2,529.50.

Intermediate Capital Group Stock Down 0.5%

Shares of LON:ICG opened at GBX 1,799 on Monday. The company has a market capitalization of £5.23 billion, a price-to-earnings ratio of 10.98 and a beta of 1.44. Intermediate Capital Group has a 52 week low of GBX 1,424.88 and a 52 week high of GBX 2,148. The firm has a 50 day moving average of GBX 1,928.90 and a 200 day moving average of GBX 1,834.78.

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.