Brokerages Set Intermediate Capital Group plc (LON:ICG) PT at GBX 2,508.25

Intermediate Capital Group plc (LON:ICG) has been given an average recommendation of “Moderate Buy” by the eight brokerages that are covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is GBX 2,508.25.

Several research firms have recently commented on ICG. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 2,800 price target on shares of Intermediate Capital Group in a research note on Wednesday, June 3rd. Berenberg Bank reissued a “buy” rating and set a GBX 2,670 price target on shares of Intermediate Capital Group in a report on Thursday, July 16th.

Intermediate Capital Group Stock Down 0.1%

Shares of ICG stock opened at GBX 1,907 on Wednesday. The stock has a market capitalization of £5.52 billion, a PE ratio of 11.64 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 2,312. The stock’s 50-day moving average price is GBX 1,951.61 and its 200 day moving average price is GBX 1,808.49.

About Intermediate Capital Group

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.