Intermediate Capital Group plc (LON:ICG) Receives Consensus Recommendation of "Moderate Buy" from Brokerages

Key Points

• Intermediate Capital Group received a “Moderate Buy” consensus rating from eight analysts: seven recommend buying the stock, while one rates it a hold.
• Analysts’ average 12-month price target is GBX 2,508.25, compared with the stock’s opening price of GBX 2,016; individual targets range from GBX 2,150 to GBX 2,800.
• The company reported quarterly EPS of GBX 166.80 and revenue of GBX 103.60 billion, with a 49.28% net margin and 18.00% return on equity.

Intermediate Capital Group plc (LON:ICG - Get Free Report) has received a consensus rating of "Moderate Buy" from the eight brokerages that are covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the company. The average 1 year price target among brokers that have covered the stock in the last year is GBX 2,508.25.

A number of research analysts recently weighed in on the stock. UBS Group reiterated a "neutral" rating and issued a GBX 2,150 price objective on shares of Intermediate Capital Group in a research note on Monday, May 18th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a GBX 2,800 price target on shares of Intermediate Capital Group in a report on Wednesday, June 3rd. Berenberg Bank reiterated a "buy" rating and set a GBX 2,670 price objective on shares of Intermediate Capital Group in a research note on Thursday, July 16th. Finally, Jefferies Financial Group decreased their price objective on Intermediate Capital Group from GBX 2,900 to GBX 2,500 and set a "buy" rating on the stock in a research note on Wednesday, May 13th.

Intermediate Capital Group Stock Up 0.7%

ICG opened at GBX 2,016 on Friday. The firm has a 50-day moving average price of GBX 1,865.27 and a 200-day moving average price of GBX 1,768.77. Intermediate Capital Group has a twelve month low of GBX 1,424.88 and a twelve month high of GBX 2,340. The company has a market capitalization of £5.84 billion, a price-to-earnings ratio of 12.30 and a beta of 1.43.

Intermediate Capital Group (LON:ICG - Get Free Report) last announced its quarterly earnings results on Thursday, May 21st. The company reported GBX 166.80 EPS for the quarter. The company had revenue of GBX 103.60 billion for the quarter. Intermediate Capital Group had a net margin of 49.28% and a return on equity of 18.00%. On average, sell-side analysts expect that Intermediate Capital Group will post 166.6666667 earnings per share for the current fiscal year.

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.

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