Intermediate Capital Group plc (LON:ICG) Stock Rated “Moderate Buy” by Wall Street Brokerages

Shares of Intermediate Capital Group plc (LON:ICG) have been given a consensus rating of “Moderate Buy” by the seven ratings firms that are currently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is GBX 2,500.

Several analysts have recently commented on ICG shares. Berenberg Bank reissued a “buy” rating and set a GBX 2,640 price target on shares of Intermediate Capital Group in a research note on Friday, September 25th. Jefferies Financial Group lowered their price objective on Intermediate Capital Group from GBX 2,800 to GBX 2,700 and set a “buy” rating for the company in a research report on Monday, October 12th.

Intermediate Capital Group Stock Performance

Shares of LON:ICG opened at GBX 1,796 on Friday. The business has a fifty day moving average of GBX 1,908.90 and a 200-day moving average of GBX 1,839.92. Intermediate Capital Group has a twelve month low of GBX 1,424.88 and a twelve month high of GBX 2,148. The firm has a market cap of £5.22 billion, a PE ratio of 10.96 and a beta of 1.44.

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.