Intermediate Capital Group plc (LON:ICG - Get Free Report)'s share price hit a new 52-week low during trading on Friday . The company traded as low as GBX 1,486 and last traded at GBX 1,491, with a volume of 41091102 shares traded. The stock had previously closed at GBX 1,516.
Wall Street Analysts Forecast Growth
Several analysts have issued reports on ICG shares. Citigroup upped their target price on Intermediate Capital Group from GBX 2,470 to GBX 2,550 and gave the company a "buy" rating in a report on Monday, January 5th. UBS Group reiterated a "neutral" rating and set a GBX 2,250 price target on shares of Intermediate Capital Group in a report on Friday, January 16th. Finally, Jefferies Financial Group reissued a "buy" rating and set a GBX 2,900 price target on shares of Intermediate Capital Group in a research report on Thursday, January 22nd. Six equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of GBX 2,565.14.
Read Our Latest Stock Report on ICG
Intermediate Capital Group Stock Performance
The stock has a market cap of £4.32 billion, a PE ratio of 7.30 and a beta of 1.43. The company's 50-day moving average price is GBX 1,746.86 and its 200 day moving average price is GBX 1,968.29.
Insider Buying and Selling
In other Intermediate Capital Group news, insider Matthew Lester bought 504 shares of Intermediate Capital Group stock in a transaction on Tuesday, March 3rd. The shares were bought at an average price of GBX 1,584 per share, for a total transaction of £7,983.36. 2.50% of the stock is owned by corporate insiders.
Intermediate Capital Group Company Profile
(
Get Free Report)
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.
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